3010 Dickerson PikeNashville, TN 37207

Property Details for 3010 Dickerson Pike

Year built

1965

Lot size

0.49 AC

Property size (Sq ft)

2,479 SF

Zone code

CS

Property type

Retail properties

Property subtype

Drive through restaurants

APN

060-08-0-011-01

APU

6008001101

Description

This exceptional 2,304 sq ft, free-standing building sits on a 0.49-acre lot in the heart of East Nashville's rapidly redeveloping Dickerson Pike corridor. Boasting 131 feet of frontage and approximately 26 parking spaces, this property offers unparalleled visibility to the 18,000 vehicles passing daily. Its convenient location is just 0.7 miles from I-65, providing easy access to downtown, the East Bank development, and the Titans Stadium. Built in 1965, the single-story structure features a flexible open floor plan, two bathrooms, and walk-in cooler/freezer hookups, making it ideal for a variety of uses. The Commercial Services (CS) zoning allows for retail, restaurant, or office applications, including drive-thru capability. Ample natural light floods the dining area. This vacant property presents a rare opportunity for investment or redevelopment in one of Nashville's most desirable areas. The asking price is $1,695,000, with a price per square foot of $735.68. The property's size and location make it a prime candidate for maximizing market potential in this area experiencing significant redevelopment.

• CAP approach

  CAP return

  Valuation

  6%

  $629,531

  6.5%

  $581,106

  7%

  $539,598

• Comparable approach

  Method

  Valuation

  Relative Method

  $537,749

  Geo Method

  $537,749

• Alternative Use

  Use

  Valuation

  Residential

  $490,184

  Hospitality

  $449,006

  Educational

  $373,568

  Medical

  $386,415

  Retail

  $581,106

Location Insight

City

Nashville

County

Davidson

State

Tennessee

Latitude

36.2267

Longitude

-86.7603

CBSA code

34980

CBSA name

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

Property Tax & Assessments

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