222 Gallatin PikeMadison, TN 37115

Property Details for 222 Gallatin Pike

Year built

1950

Lot size

0.85 AC

Property size (Sq ft)

5,600 SF

Zone code

CS

Property type

Retail properties

Property subtype

Other car washes

APN

042-16-0-096-00

APU

4216009600

Description

This exceptional retail property, located at 222 Gallatin Pike S in Madison, Tennessee, presents a unique investment opportunity. Boasting a generous 5,600 square feet of space, this property sits on a sizable 0.85-acre lot, offering ample room for expansion, outdoor seating, or additional parking. The building's prime location on Gallatin Pike South ensures high visibility and accessibility for customers, placing it within a thriving commercial corridor. The asking price for this property is $1,300,000. This represents a significant opportunity for businesses seeking a well-established location with substantial space to grow. The property's size and location make it ideal for a variety of retail uses, from restaurants and shops to service-based businesses. Its substantial lot size offers flexibility for future development or expansion, catering to the needs of a growing business. The property is ready for immediate occupancy, providing a seamless transition for new tenants. Serious inquiries are encouraged to explore this promising investment opportunity further. Detailed property information and specifications are available upon request. Don't miss this chance to secure a prime retail location in a rapidly developing area of Madison, Tennessee.

• CAP approach

  CAP return

  Valuation

  6%

  $1,422,095

  6.5%

  $1,312,703

  7%

  $1,218,939

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,214,761

  Geo Method

  $1,214,761

• Alternative Use

  Use

  Valuation

  Residential

  $1,107,314

  Hospitality

  $1,014,294

  Educational

  $843,881

  Medical

  $872,903

  Retail

  $1,312,703

Location Insight

City

Madison

County

Davidson

State

Tennessee

Latitude

36.2605

Longitude

-86.7136

CBSA code

34980

CBSA name

NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].