3940 Dickerson PikeNashville, TN 37207

Property Details for 3940 Dickerson Pike

Year built

1945

Lot size

1.14 AC

Property size (Sq ft)

9,600 SF

Zone code

CS

Property type

Strip malls

Property subtype

Neighborhood centers

APN

041-08-0-028-00

APU

4108002800

Description

This exceptional 1,614 square foot flex space, part of a larger 9,600 square foot building, presents a unique opportunity in Nashville's thriving northeastern corridor. Located at 3940 Dickerson Pike, this single-tenant property boasts a prime location with convenient access to Interstate 65, ensuring seamless connectivity to the city's core and beyond. The building itself is a modern, single-story structure constructed in 2022, reflecting a Class B designation. The property sits on a generous 3.32 acres of land, providing ample space and potential for future expansion. The flex space offers significant versatility, ideal for a variety of businesses requiring a blend of warehouse and office space. Six drive-in doors facilitate efficient loading and unloading, while eighteen parking spaces ensure ample accommodation for employees and clients. The property benefits from a robust 3-phase power supply, catering to the needs of businesses with higher energy demands. This is an exceptional opportunity to secure a modern, well-located industrial space in a rapidly growing area of Nashville. The combination of accessibility, modern construction, and ample space makes this property an attractive investment for businesses seeking a strategic foothold in a dynamic market. Don't miss this chance to establish your business in this vibrant and convenient location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,437,877

  6.5%

  $2,250,348

  7%

  $2,089,609

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,082,447

  Geo Method

  $2,082,447

• Alternative Use

  Use

  Valuation

  Residential

  $1,898,253

  Hospitality

  $1,738,790

  Educational

  $1,446,652

  Medical

  $1,496,405

  Retail

  $2,250,348

Location Insight

City

Nashville

County

Davidson

State

Tennessee

Latitude

36.2721

Longitude

-86.7552

CBSA code

34980

CBSA name

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

Property Tax & Assessments

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