Warehouse with Office
124 Two Mile Pike Goodlettsville, TN 37072
124 Two Mile Pike, Goodlettsville, TN, 37072
$469,000
For Sale
$469,000
Includes warehouse space, gated and non-gated parking, and a well-maintained house with five offices.
Property Size2,178 SF
Price / SF$215.34
Days on Market76
Property Features for 124 Two Mile Pike
General Information
- Standard status
- Active
- Size
- 2,178 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1938
Listing agency
BENCHMARK REALTY, LLC
(615) 432-2919
Listed by
DEIDRE DUKER
Source
Corcoran
Added: May 8 Updated: Jul 21 at 8:00AM Checked: Jul 21 at 8:00AM
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 BENCHMARK REALTY, LLC
Investment Insights
Based on property information with market context.
This commercial property combines warehouse space with a well-maintained house that includes a full kitchen, full bathroom, and five offices. The overall layout is flexible and can support a range of retail, office, industrial, and hybrid use scenarios, depending on how a tenant or buyer plans to operate.
The property is located adjacent to Long Hollow Pike and the Goodlettsville town square, with easy access to I-65 and Nashville. Parking includes both gated and non-gated areas, providing options for customers, employees, or operational needs.
Overall, the site offers a practical mix of workspace and office functionality, supported by on-site parking configurations and a layout designed for multiple operating formats.
The property is located adjacent to Long Hollow Pike and the Goodlettsville town square, with easy access to I-65 and Nashville. Parking includes both gated and non-gated areas, providing options for customers, employees, or operational needs.
Overall, the site offers a practical mix of workspace and office functionality, supported by on-site parking configurations and a layout designed for multiple operating formats.
Key Highlights
- Commercial property with warehouse space and a well‑maintained house.
- Year built: 1938.
- On‑site parking includes both gated and non‑gated areas.
Local Financial Insights For Office B
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 | $57.5k | $26.40 |
| − Vacancy | −$8.9k | −$4.09 |
| EGI | $48.6k | $22.31 |
| − OpEx | −$12.1k | −$5.58 |
| NOI | $36.4k | $16.73 |
2,178 SF · lease $26.40/SF/yr · vacancy 15.50% · expense 25.00%
Alternative Uses
Best Use
Warehouse
$2.64M
$2.31M – $3.08M
NOI $184,577 @ 7.0% cap · market cap 39.36%
Second Best
Industrial
$2.23M
$1.95M – $2.60M
NOI $156,046 @ 7.0% cap · market cap 33.27%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Knitting in the Good
(Bike/Boat/Book/etc) Store
Arnett Built llc
Corporate Office
Similar For Sale Nearby
Similar Off Market Nearby
- Firehouse Subs Goodlettsville — 480 Long Hollow Pike, Goodlettsville, TN 37072
- Chef's Market Cafe & Takeaway — 900 Conference Dr #9, Goodlettsville, TN 37072
FAQs
What type of property is this?
Flex space - Includes warehouse space, gated and non-gated parking, and a well-maintained house with five offices.
Where is this flex space located?
The property is located at 124 Two Mile Pike Goodlettsville, TN.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Commercial property with warehouse space and a well‑maintained house.; Year built: 1938.; On‑site parking includes both gated and non‑gated areas.
