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    119 Old Hickory Blvd Madison, TN 37115

    For Sale
    $650,000

    High-traffic location, excellent income stream.

    Property size:
    5,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 5,000 square foot commercial property in Madison, Tennessee, presents a lucrative investment opportunity. Situated at 119 E Old Hickory Blvd, this prime location boasts high visibility and easy access. The building features a spacious 2,150 square foot retail area at the front, perfect for a variety of businesses. A rear loading door provides convenient access to the 2,600 square foot warehouse space, currently leased until April 30, 2025, generating a monthly income of $2,000. This consistent rental income stream offers immediate return on investment. The property sits on a 0.13-acre lot, providing ample space for operations and potential expansion. The central Madison location ensures high foot traffic and excellent visibility, making it an ideal space for a thriving business. This versatile property is suitable for a wide range of commercial uses, offering a blend of retail and warehouse space to meet diverse business needs. The combination of a strong rental income and prime location makes this a truly exceptional investment opportunity. The asking price is $650,000. Don't miss out on this chance to acquire a valuable asset in a rapidly growing market.

    Property Features for 119 Old Hickory Blvd

    General Information

    Property type
    Investment properties
    Square Feet
    5,000 SF
    Lot Size
    5,663 SF

    Building Details

    Year Built
    1959
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Davidson County, TN
    State
    Tennessee
    Longitude
    -86.71075
    Latitude
    36.26263

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    FAQs

    What type of property is this?
    Investment property - High-traffic location, excellent income stream.
    Where is this investment property located?
    The property is located at 119 Old Hickory Blvd Madison, TN.
    What is the asking price?
    The asking price for this property is $650,000.
    (615) 822-2003
    Request Owner's contact information
    119 Old Hickory Blvd Madison, TN 37115
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    Madison, TN 37115
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    119 Old Hickory Blvd Madison, TN 37115
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