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    Dickson Commercial Property with Auto Lifts Title is generated by Realmo AI

    1050 Highway 47 East, Dickson, TN 37055

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    For Sale
    $710,000

    Commercial property with two buildings, auto lifts, and ample storage.

    Type:Commercial
    Property size:
    9,652 SF
    Lot size:
    0.50 Acres
    Price / SF:
    $73/SF
    Added:
    Nov 21, 2025
    Days on Market:
    195
    Last Refresh:
    Apr 5 at 9:11 pm

    Property Features for 1050 Highway 47 East

    General Information

    Standard status
    Active
    Size
    9,652 SF
    Lot size
    0.50 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1970

    We can help!

    Listing Contact
    NEAL TRICE

    Listing agent NEAL TRICE License #304366

    Listing office CHARLES WOODARD & ASSOCIATES

    Listing date Nov 21, 2025

    Source Corcoran

    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 CHARLES WOODARD & ASSOCIATES

    HighLights

    • Zoned B‑3 offering a wide range of commercial uses.
    • Second building boasts 4,852 square feet with additional storage above the garage.
    • Nine in‑ground hydraulic lifts ideal for auto repair or restoration businesses.
    • 229' of road frontage on Highway 47 East.
    • Two separate buildings: one with 3,000 sq ft (1,500 sq ft main, 1,500 sq ft upstairs) and the other with 4,852 sq ft.
    • First building includes a 2‑post car lift, full bath, and kitchen area upstairs.

    Overview

    This commercial property, located in the heart of Dickson, offers potential for various uses under its B-3 zoning. The property features 229 feet of road frontage on Highway 47 East and a paved parking area. There are two separate buildings on the lot. The first building contains 1,500 square feet on the main floor and an additional 1,500 square feet upstairs. The bottom section includes a half bath, ceiling-mounted natural gas heaters, and HVAC for cooling. The upper section features heating and cooling, an office area, a full bath, a kitchen area, and a 2-post car lift. The second building provides 4,852 square feet of space, with additional storage above the garage area. This building is equipped with nine in-ground hydraulic lifts, making it suitable for auto repair or restoration businesses. A large covered canopy area is located at the rear of the property. The property also includes a security gate at the front and several storage trailers. Multiple rooms are available for separate work areas. Each building has a security system. Previously used as a transmission repair shop and race car shop for decades, this property offers a unique opportunity for commercial ventures.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Building Supply Nail Salon Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • Carl's Collision Center — 525 TN-46, Dickson, TN 37055
    • Dickson County Equipment — 552 TN-46, Dickson, TN 37055
    • Smart Start Ignition Interlock Dickson — 558 TN-46, Dickson, TN 37055
    • Wild Automotive & Performance — 587 TN-46, Dickson, TN 37055
    • Walmart Auto Care Centers — 175 Beasley Dr, Dickson, TN 37055

    Location Insight

    • Map
    • Local Demand
    City
    Dickson
    County
    Dickson
    State
    Tennessee
    Longitude
    -87.3779
    Latitude
    36.0672

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    FAQs

    What type of property is this?
    Auto shop - Commercial property with two buildings, auto lifts, and ample storage.
    Where is this auto shop located?
    The property is located at 1050 Highway 47 East Dickson, TN.
    What is the asking price?
    The asking price for this property is $710,000.
    What are key features of this property?
    This property features: Zoned B‑3 offering a wide range of commercial uses.; Second building boasts **4,852 square feet** with additional storage above the garage.; **Nine in‑ground hydraulic lifts** ideal for auto repair or restoration businesses.
    (615) 446-4508
    We can help!
    Listing Contact
    NEAL TRICE
    Real Estate License ID: 304366
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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    1050 Highway 47 East, Dickson, TN 37055
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