Updated Commercial Property with
For Sale
$675,000
204 Bluebird Dr, Goodlettsville, TN 37072
Versatile commercial space with ample parking and easy highway access.
Property Size2,627 SF
Price / SF$256.95
Days on Market523
Property Features for 204 Bluebird Dr
General Information
Standard status
Active
Size
2,627 SF
Building Details
Year Built
1956
Listing Agency:
CRYE-LEIKE, INC., REALTORS
Listed By:
JAN PAGE
Source:
Corcoran
Added: May 14, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 CRYE-LEIKE, INC., REALTORS
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Investment Insights
Based on property information with market context.
This updated commercial property, situated on nearly an acre, offers ample parking. The 2,627 square-foot space is currently configured as a video/audio studio, featuring a conference room and kitchen. Its location provides convenient access to I-65. The property is suitable for a variety of business uses. All furnishings are included with the sale.
Key Highlights
- Turnkey opportunity: All furnishings are included for immediate business operations.
- Versatile space suitable for a variety of business uses.
- Convenient location with easy access to I‑65.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,952
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$879,040
$879.0K
Cap Rate 7%
$627,886
$627.9K
Cap Rate 9%
$488,356
$488.4K
Market Conditions
NOI Build-Up for 2,627 SF
Gross rent
$69.4K $26.40/SF
− Vacancy
−$10.7K −$4.09/SF
EGI
$58.6K $22.31/SF
− OpEx
−$14.7K −$5.58/SF
NOI
$44.0K $16.73/SF
Area
Davidson County, TN
Vacancy
15.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$879,040
Cap Rate 7%
$627,886
Cap Rate 9%
$488,356
Alternative Uses
Best Use
Office B
$627.9K
$549.4K – $732.5K
NOI $43,952 @ 7.0% cap · market cap 6.51%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.18M
$2.78M – $3.71M
NOI $222,628 @ 7.0% cap · market cap 32.98%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
968
Businesses Nearby
Explore this area
Business Placement
Demographics for 37072, TN
33,065
Population
14,377
Households
2.3
Avg Household Size
40
Median Age
28%
College-Educated
89%
High-School Grad
77.5 sq mi
ZIP Area
427
Density / Sq Mi
$75,514
Median Household Income
$44,313
Median Earnings
$1,359
Median Rent
$340,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Creative space - Versatile commercial space with ample parking and easy highway access.
Where is this creative space located?
The property is located at 204 Bluebird Dr Goodlettsville, TN.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Turnkey opportunity: All furnishings are included for immediate business operations.; Versatile space suitable for a variety of business uses.; Convenient location with easy access to I‑65.
