Climate-Controlled Flex
1094 N Main St, Ashland City, TN 37015
For Sale
$3,790,000
Office and warehouse areas share a paved site with loading and forklift access.
Property Size10,000 SF
Lot Size0.80 Acres
Price / SF$379
Days on Market71
Property Features for 1094 N Main St
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Warehouse & Industrial
Warehouse Space
Three-Phase Power
Conditioned Warehouse
Additional Details
Highway Access
Property Use
Building Details
Building Size
Year Built
Listing Agency:
At Home Realty
Listed By:
Amanda L. Bell · License #287001
(615) 406-9988
Source:
Thevillerealestate
Added: Aug 29
Changed: Nov 7
Last Checked: Nov 7 at 1:43PM
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 At Home Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 10,000 SF flex property on approximately 0.80 acre combines about 4,000 SF of warehouse area with six offices, meeting and work areas, a breakroom, and restrooms. Three central HVAC systems and an additional heat-only unit serve the building. Operational features include 3-phase power, two compressors, a loading dock, multiple overhead doors, and a covered ramp area designed for forklift access. A room formed from two former restrooms retains plumbing that could support restoring those facilities.
Nearly the entire site is paved for parking, deliveries, equipment movement, and outdoor storage. The property is on N Main Street in Ashland City, near Hwy 12 and Hwy 49, with access to the greater Nashville transportation network. C-2 zoning supports a range of commercial uses subject to applicable requirements.
Nearly the entire site is paved for parking, deliveries, equipment movement, and outdoor storage. The property is on N Main Street in Ashland City, near Hwy 12 and Hwy 49, with access to the greater Nashville transportation network. C-2 zoning supports a range of commercial uses subject to applicable requirements.
Key Highlights
- 10,000 SF building on approximately 0.80 acre
- Approximately 4,000 SF of warehouse space and six offices
- 3‑phase power, two compressors, loading dock, and multiple overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$111,150
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,223,000
$2.2M
Cap Rate 7%
$1,587,857
$1.6M
Cap Rate 9%
$1,235,000
$1.2M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$180.0K $18.00/SF
− Vacancy
−$9.0K −$0.90/SF
EGI
$171.0K $17.10/SF
− OpEx
−$59.8K −$5.98/SF
NOI
$111.2K $11.11/SF
Area
Cheatham County, TN
Vacancy
5.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,223,000
Cap Rate 7%
$1,587,857
Cap Rate 9%
$1,235,000
Alternative Uses
Best Use
Flex RnD
$1.59M
$1.39M – $1.85M
NOI $111,150 @ 7.0% cap · market cap 2.93%
Second Best
Warehouse
$1.37M
$1.20M – $1.60M
NOI $96,102 @ 7.0% cap · market cap 2.54%
Theoretical Best
Office A
$3.36M
$2.94M – $3.92M
NOI $235,200 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 37015, TN
18,761
Population
8,366
Households
2.2
Avg Household Size
42
Median Age
23%
College-Educated
89%
High-School Grad
155.7 sq mi
ZIP Area
120
Density / Sq Mi
$74,848
Median Household Income
$43,072
Median Earnings
$1,244
Median Rent
$259,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse areas share a paved site with loading and forklift access.
Where is this flex space located?
The property is located at 1094 N Main St Ashland City, TN.
What is the asking price?
The asking price for this property is $3,790,000.
What are key features of this property?
This property features: 10,000 SF building on approximately 0.80 acre; Approximately 4,000 SF of warehouse space and six offices; 3‑phase power, two compressors, loading dock, and multiple overhead doors
