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    700 Lake Dr Gallatin, TN 37066

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    For Sale
    $899,000

    Mixed-use property in Gallatin, steps off Nashville Pike.

    Property size:
    4,704 SF

    Property Features for 700 Lake Dr

    General Information

    Standard status
    Active
    Size
    4,704 SF

    Building Details

    Year built
    1966

    Source: PARKS | COMPASS Agent ZACH PHILLIPS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gallatin Mixed-Use Property For Sale

    This mixed-use property is located in Gallatin, Tennessee, steps off Nashville Pike. The property features a mid-century building situated on a 1.4-acre rolling lot that includes a rock garden and pond. The building offers 4,704 square feet of space and ample storage, including an expansive walk-out basement, attic, and closets. An additional storage room in the basement has its own entry. The lot provides space for additional parking if needed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Gallatin
    County
    Sumner
    State
    Tennessee
    Longitude
    -86.484403
    Latitude
    36.3715

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in Gallatin, steps off Nashville Pike.
    Where is this mixed-use property located?
    The property is located at 700 Lake Dr Gallatin, TN.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Ideal location for commercial mixed use, steps from Nashville Pike in Gallatin.; - Large 1.4 acre lot offers potential for additional parking.; - Expansive walk-out basement provides ample storage.
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    700 Lake Dr Gallatin, TN 37066
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    700 Lake Dr Gallatin, TN 37066
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