High-Visibility Commercial Property For
1195 Louisville Hwy Goodlettsville, TN 37072
1195 Louisville Hwy, Goodlettsville, TN, 37072
$1,900,000
For Sale
$1,900,000
Commercial property with office, garage, and high traffic exposure.
Property Size1,950 SF
Lot Size0.75 Acres
Price / SF$974.36
Days on Market139
Property Features for 1195 Louisville Hwy
General Information
- Standard status
- Active
- Size
- 1,950 SF
- Lot size
- 0.75 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1945
Listing Agency
LPT REALTY LLC
(877) 366-2213
Listed by
JEFFREY DONALD LILES
Source
Corcoran
Added: Mar 2 Checked: Jul 19 at 4:46 am
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 LPT REALTY LLC
Investment Insights
Based on property information with market context.
This commercial property on Louisville Hwy benefits from high visibility, with approximately 15,000–20,000 vehicles passing by daily. The level 0.75-acre site includes an approximately 2,000 sq ft office building and a detached two-bay metal garage. The property is minutes from I-65 Exit 98 (Millersville). Currently operating as an auto sales location, it offers frontage, visibility, and accessibility. The level lot provides vehicle display area, parking, and maneuvering space suitable for various commercial operations. The main building includes office space suitable for retail or business use, while the detached two-bay metal garage provides service, storage, or workspace flexibility. The property layout supports automotive sales, a contractor yard, a service business, equipment storage, or similar commercial uses. Strategically located between Goodlettsville and Millersville, it offers access to I-65 and the Nashville market. Strong daily traffic and road frontage provide business exposure in a growing commercial corridor. This commercial opportunity is ideal for an owner-user or investor seeking a well-positioned property.
Key Highlights
- High‑visibility location on Louisville Hwy with 15,000–20,000 vehicles per day.
- Excellent frontage, visibility, and accessibility for commercial operations.
- Level 0.75‑acre commercial site with ample vehicle display and parking space.
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 | $209.4k | $107.40 |
| − Vacancy | −$9.8k | −$5.05 |
| EGI | $199.6k | $102.35 |
| − OpEx | −$59.9k | −$30.71 |
| NOI | $139.7k | $71.65 |
1,950 SF · lease $107.40/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Industrial
$2.00M
$1.75M – $2.33M
NOI $139,711 @ 7.0% cap · market cap 7.35%
Second Best
Retail
$333.5K
$291.8K – $389.0K
NOI $23,342 @ 7.0% cap · market cap 1.23%
Theoretical Best
Warehouse
$2.36M
$2.07M – $2.75M
NOI $165,255 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
EZ Buy Auto ...
Car Dealership
AE Roofing & Exteriors
Roofing Company
Similar For Sale Nearby
Similar Off Market Nearby
- Holleman & Son Transmission — 1163 Louisville Hwy, Goodlettsville, TN 37072
- Millersville Tires & Wheels — 1207 Louisville Hwy, Goodlettsville, TN 37072
- Assurance Automotive — 1221 Louisville Hwy #B, Goodlettsville, TN 37072
- Hall's Garage — 1265 Louisville Hwy, Goodlettsville, TN 37072
FAQs
What type of property is this?
Auto shop - Commercial property with office, garage, and high traffic exposure.
Where is this auto shop located?
The property is located at 1195 Louisville Hwy Goodlettsville, TN.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: High‑visibility location on Louisville Hwy with 15,000–20,000 vehicles per day.; Excellent frontage, visibility, and accessibility for commercial operations.; Level 0.75‑acre commercial site with ample vehicle display and parking space.
