Back to Search
Gallatin Industrial Building For Sale

1126 Old Highway 109 N Gallatin, TN 37066

Claim this Listing
For Sale
$850,000

8,000 sq ft industrial building suitable for various uses.

Type:Commercial
Property size:
8,000 SF
Price / SF:
$106.25/SF
Added:
May 26, 2026
Days on Market:
50
Last Refresh:
May 27 at 7:26 am

Property Features for 1126 Old Highway 109 N

General Information

Standard status
Active
Size
8,000 SF
Property subtype
Commercial

Building Details

Year Built
1994

Listing office GENE CARMAN R. E. & AUCTION

Listing date May 26, 2026

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 GENE CARMAN R. E. & AUCTION


Investment Insights

Based on property information with market context.

This 8,000 sq ft building, constructed in 1994, was previously used as a tool and die shop. It features a concrete parking lot and is located just outside of Gallatin. The property includes approximately 25' x 25' of office space with central heat and air, along with two half bathrooms. The building has 3-phase current and includes a tow motor. The property is located in a flood hazard area and is suitable for many uses.

Key Highlights

  • 8000 sq. ft. building suitable for various uses
  • Includes a tow motor
  • Features 3‑phase electrical current

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $78.0k $9.75
− Vacancy −$2.4k −$0.30
EGI $75.6k $9.45
− OpEx −$22.7k −$2.83
NOI $52.9k $6.61
8,000 SF · lease $9.75/SF/yr · vacancy 3.10% · expense 30.00%

Alternative Uses

Best Use
Industrial
$755.8K
$661.3K – $881.8K (±1% cap)
NOI $52,907 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.80M
$2.45M – $3.27M (±1% cap)
NOI $196,017 @ 7.0% cap · market cap 23.06%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Manufacturing properties

Suggested Use

Building Supply Computer & Electronic Repair Tech Support Center Garden Center Storage Facility Gym & Fitness Center Mobile Phone Store Car Rental Facility

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

FAQs

What type of property is this?
Manufacturing property - 8,000 sq ft industrial building suitable for various uses.
Where is this manufacturing property located?
The property is located at 1126 Old Highway 109 N Gallatin, TN.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 8000 sq. ft. building suitable for various uses; Includes a tow motor; Features 3‑phase electrical current
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message