Corner Lot on Drakes
For Sale
$5,000,000
1003 Drakes Creek Rd, Hendersonville, TN 37075
Land with frontage on Drakes Creek Rd and State Route.
Property Size340,280 SF
Lot Size7.80 Acres
Price / SF$14.69
Days on Market594
Property Features for 1003 Drakes Creek Rd
General Information
Standard status
Active
Size
340,280 SF
Lot size
7.80 Acres
Property subtype
Commercial
Listing Agency:
MCPHERSON & ASSOCIATES, INC.
(615) 491-2188
Listed By:
THOMAS MCPHERSON · License #285688
Source:
Corcoran
Added: Jan 6, 2025
Changed: Aug 22
Last Checked: Aug 22 at 7:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MCPHERSON & ASSOCIATES, INC.
Investment Insights
Based on property information with market context.
This corner lot offers over 800 feet of frontage on Drakes Creek Road and 344 feet on State Route #386. All utilities are on site. The property is diagonally across the expressway from Streets of Indian Lake. It benefits from excellent demographics and a high traffic count, with an Average Daily Traffic (ADT) of over 90,000 on #386 and 15,000 on Drakes Creek Road. Hendersonville's Land Use Map recommends retail use for this location. Drakes Creek Road is scheduled to be widened to 5 lanes starting in 2026, and rights of way have been purchased. There is a possibility of a signalized traffic signal onto the property at the State Route 386 exit. The property size is 340,280 square feet.
Key Highlights
- Excellent frontage with over 800 ft on Drakes Creek Rd and 344 ft on State Route #386.
- High traffic count: ADT 90K+ on #386 and 15K on Drakes Creek Rd.
- All utilities are on site.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
Explore this area
Business Placement
Demographics for 37075, TN
71,023
Population
29,600
Households
2.4
Avg Household Size
39
Median Age
42%
College-Educated
95%
High-School Grad
59.0 sq mi
ZIP Area
1,204
Density / Sq Mi
$97,597
Median Household Income
$50,323
Median Earnings
$1,552
Median Rent
$403,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Land with frontage on Drakes Creek Rd and State Route.
Where is this commercial land located?
The property is located at 1003 Drakes Creek Rd Hendersonville, TN.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Excellent frontage with over 800 ft on Drakes Creek Rd and 344 ft on State Route #386.; High traffic count: ADT 90K+ on #386 and 15K on Drakes Creek Rd.; All utilities are on site.
