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    Property profile & analytics
    OFF-MARKET
    Grocery and convenience stores

    711 Rivergate Pkwy, Goodlettsville, TN 37072-2315

    1,798 SF 0.85 ac lot Built 1972
    Individually Owned 14-yr Hold Free & Clear
    Property ID
    US80-0902516
    Property summary
    AI-generated overview

    711 Rivergate Parkway in Goodlettsville, Tennessee presents a compelling investment opportunity for prospective gas station owners. This substantial property, encompassing 1,653 square feet on a 0.85-acre lot, is strategically positioned near a major highway, ensuring high visibility and convenient access for customers. The property currently features eight operational fuel pumps, ready for immediate use. Its location within a zone slated for redevelopment offers significant long-term growth potential, capitalizing on the anticipated increase in traffic and consumer activity. The asking price for this turnkey gas station operation is $2,300,000. Given the existing infrastructure, prime location, and the promise of future development, this property represents a rare chance to acquire a well-established business in a rapidly evolving market. The substantial lot size also allows for potential expansion or the addition of complementary businesses, further enhancing the investment's return. This is an exceptional opportunity to establish a thriving enterprise in a dynamic and growing area of Goodlettsville. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    Year built 1972
    Total area 1,798 SF
    Lot 0.85 ac (37,026 SF)
    Zoning code 6ZZ
    APN 026-13-0-023-00
    UPID US80-0902516
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Jasser Y Mahmoud · 14 yrs held
    Jasser Y Mahmoud
    since 2012
    4 recorded transactions
    2012
    2005
    $700,000
    1997
    $400,001
    1989
    $630,000
    Zoning & alternative use
    6ZZ · Goodlettsville, TN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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