Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Louisville Highway Industrial Opportunity Title is generated by Realmo AI

    1022 Louisville Highway, Goodlettsville, TN 37072

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial space for lease near I-65 and US-31W.

    Type:Industrial
    Property size:
    123,312 SF
    Added:
    Mar 25, 2026
    Days on Market:
    48
    Last Refresh:
    Mar 18 at 8:15 am

    Property Features for 1022 Louisville Highway

    General Information

    Standard status
    Active
    Size
    123,312 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Jack Armstrong

    Listing agent Jack Armstrong

    Listing office CBRE | Nashville

    Listing date Mar 25, 2026

    Source Cbre

    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 CBRE | Nashville

    HighLights

    • Excellent access to I‑65 (Exit 98)
    • Proximity to US‑31W, a major commercial corridor
    • Close to downtown Goodlettsville and Rivergate Mall
    • Surrounded by retail and industrial businesses
    • Outstanding access to the local labor pool
    • Located less than half a mile from I‑65

    Overview

    The industrial property is located less than half a mile from I-65 Exit 98 off of US-31W, a major local commercial corridor. Situated just north of downtown Goodlettsville and Rivergate Mall, the site is surrounded by retail and industrial users with outstanding access to the local labor pool. The property has a size of 123312 square feet.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Goodlettsville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.714905
    Latitude
    36.354454

    Nearby Similar for Lease

    • $16,768/Mo

      Retail Space with Natural Light

      Spacious retail space with abundant natural light and gym amenities.
      756 Rivergate Pkwy Suite 778, Goodlettsville, TN 37072
      View Details
    • $3,500/Mo

      Goodlettsville Commercial Space For Rent

      Commercial space available in Goodlettsville, Tennessee.
      214 N Main St, Goodlettsville, TN 37072
      View Details
    • $1,925/Mo

      Retail Space in Goodlettsville

      Retail space for rent in a high-traffic Goodlettsville location.
      907 Rivergate Pkwy D5, Goodlettsville, TN 37072
      View Details
    • Contact for pricing

      Restaurant/Retail Space Near Rivergate Mall

      2,550 SF restaurant/retail space with high visibility and ample parking.
      Goodlettsville, TN 37072
      View Details
    • $444/Mo

      Louisville Highway Industrial Space

      Industrial space for sale or lease, available November 2023.
      1028 Louisville Hwy, Goodlettsville, TN 37072
      View Details
    • $2,975/Mo

      Convenient Office Space Available

      Office space with private offices, conference room, and kitchen.
      405 Two Mile Pike, Goodlettsville, TN, 37072-1871
      View Details
    • Contact for pricing

      Rivergate Mall Retail Opportunity

      Former Sears box available for long-term lease.
      Goodlettsville, TN 37072
      View Details
    • $7,500/Mo

      Rivergate Parkway Office Showroom Space

      Office showroom space for lease near Rivergate Mall.
      715 Rivergate Pkwy, Goodlettsville, TN
      View Details
    • Contact for pricing

      Retail/Office Space Available Immediately

      Retail or office space featuring four offices, reception, and conference.
      102 Long Hollow Pike, Goodlettsville, TN
      View Details
    • Contact for pricing

      Goodlettsville Warehouse and Flex Space

      Multi-building industrial park with warehouse, distribution, and flex space.
      700 Space Park N, Goodlettsville, TN
      View Details
    • Contact for pricing

      Retail/F&B Space Available

      Retail or F&B space available immediately for rent.
      401-403 Long Hollow Pike, Goodlettsville, TN
      View Details
    • Contact for pricing

      Class A Industrial Facility

      251,691 SF industrial facility in North Nashville location.
      1100 Springfield Hwy, Goodlettsville, TN
      View Details

    FAQs

    What type of property is this?
    Industrial property - Industrial space for lease near I-65 and US-31W.
    Where is this industrial property located?
    The property is located at 1022 Louisville Highway Goodlettsville, TN.
    What are key features of this property?
    This property features: Excellent access to I‑65 (Exit 98); Proximity to US‑31W, a major commercial corridor; Close to downtown Goodlettsville and Rivergate Mall
    (615) 493-9257
    We can help!
    Listing Contact
    Jack Armstrong
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1022 Louisville Highway, Goodlettsville, TN, 37072
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!