106 Beaty Blvd Gallatin, TN

Listing office Southeast Venture / CORFAC International j***@southeastventure.com Show Phone

Listing date May 15, 2024

Source Moodyscre

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Investment Insights

Based on property information with market context.

This commercial property, known as Oxford Square, is located at the corner of Long Hollow Pike and Offit Drive, specifically at the terminus of Vietnam Veterans Parkway (Hwy 386) where it merges into Long Hollow Pike in Gallatin, TN. The site benefits from high traffic volume, with 43,441 ADT on Vietnam Veterans Parkway and 12,915 ADT on Long Hollow Pike at the traffic light. The property is planned for 1+ acre outparcels, which can be combined up to 12 acres. Lots #1-5 are outlots fronting along Long Hollow Pike. The location is near a 1200-home Lennar residential development at Carellton. A new Shell gas station is situated on the Northeast Corner. The site is suitable for regional or neighborhood retail development, and potential uses include a dentist office, insurance office, grocery-anchored development, medical clinic, day care, hotel, or restaurants. Offit Drive is expected to be extended into a new proposed Goodall Homes residential development of approximately 100 acres within the next 5 years. One lot was previously sold to TriStar gas station, and 15 acres in the back were sold for townhomes, which are now under construction.

Key Highlights

• High traffic location with 43,441 ADT on Vietnam Veterans (Hwy 386).
• Located at the terminus of Highway 386 where it merges into Long Hollow Pike at a lighted intersection.
• Potential for various commercial developments.

Property Analytics

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FAQs

What type of property is this?

Commercial land - Commercial property at a lighted intersection with high traffic volume.

Where is this commercial land located?

The property is located at 106 Beaty Blvd Gallatin, TN.

What is the asking price?

The asking price for this property is $4,356,000.

What are key features of this property?

This property features: High traffic location with 43,441 ADT on Vietnam Veterans (Hwy 386).; Located at the terminus of Highway 386 where it merges into Long Hollow Pike at a lighted intersection.; Potential for various commercial developments.