Mixed-Use Space with
For Sale
Contact for pricing
125 Prince St, Gallatin, TN 37066
Existing plumbing, HVAC, electrical service, and network connections support office or retail use.
Property Size1,334 SF
Price / SF$1.72
Days on Market26
Property Features for 125 Prince St
General Information
Standard status
Active
Size
1,334 SF
Property subtype
Mixed Use
Site & Location
Utilities to Site
Yes
Mixed-Use Components
office, retail
Additional Details
Condition
Shell
Amenities
WiFi
Building Details
Year Built
1948
Listing Agency:
Bill Dorris & Associates
(615) 868-0396
Listed By:
Bill Dorris · License #263163
(615) 394-6056
Source:
Movehomenashville
Added: Oct 5
Changed: Oct 29
Last Checked: Oct 29 at 2:49PM
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 Bill Dorris & Associates
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Investment Insights
Based on property information with market context.
This 1,334-square-foot mixed-use property was built in 1948. Plumbing, HVAC, and electrical systems are in place, with concrete floors and walls ready for paint. The space supports office or retail configurations, among other uses.
Enterprise Wi-Fi is provided at no charge, with AT&T fiber and Comcast circuits operating simultaneously for network redundancy. Street parking is available in downtown Gallatin.
Enterprise Wi-Fi is provided at no charge, with AT&T fiber and Comcast circuits operating simultaneously for network redundancy. Street parking is available in downtown Gallatin.
Key Highlights
- 1,334‑square‑foot mixed‑use property built in 1948
- Plumbing, HVAC, and electrical systems are installed
- Concrete floors; walls prepared for paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,208
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,160
$324.2K
Cap Rate 7%
$231,543
$231.5K
Cap Rate 9%
$180,089
$180.1K
Market Conditions
NOI Build-Up for 1,334 SF
Gross rent
$28.8K $21.60/SF
− Vacancy
−$2.9K −$2.16/SF
EGI
$25.9K $19.44/SF
− OpEx
−$9.7K −$7.29/SF
NOI
$16.2K $12.15/SF
Area
Sumner County, TN
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,160
Cap Rate 7%
$231,543
Cap Rate 9%
$180,089
Alternative Uses
Best Use
Mixed Use
$231.5K
$202.6K – $270.1K
NOI $16,208 @ 7.0% cap · market cap 706.23%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$466.9K
$408.6K – $544.8K
NOI $32,686 @ 7.0% cap · market cap 1,424.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,117
Businesses Nearby
Explore this area
Business Placement
Demographics for 37066, TN
59,370
Population
25,939
Households
2.3
Avg Household Size
40
Median Age
34%
College-Educated
91%
High-School Grad
116.3 sq mi
ZIP Area
510
Density / Sq Mi
$78,049
Median Household Income
$43,311
Median Earnings
$1,305
Median Rent
$376,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Existing plumbing, HVAC, electrical service, and network connections support office or retail use.
Where is this mixed-use property located?
The property is located at 125 Prince St Gallatin, TN.
What are key features of this property?
This property features: 1,334‑square‑foot mixed‑use property built in 1948; Plumbing, HVAC, and electrical systems are installed; Concrete floors; walls prepared for paint
