Prime Location in Dockside
130 Walton Ferry Rd Hendersonville, TN 37075
130 Walton Ferry Rd, Hendersonville, TN, 37075
$649,900
For Sale
$649,900
Commercial property in high-traffic area with mixed-use zoning.
Property Size1,395 SF
Price / SF$465.88
Days on Market418
Property Features for 130 Walton Ferry Rd
General Information
- Standard status
- Active
- Size
- 1,395 SF
Building Details
- Year Built
- 1935
Listing agency
REEDER ENTERPRISES
(615) 326-4663
Listed by
DANIEL REEDER · License #316338
Source
Corcoran
Added: May 30, 2025 Updated: Mar 16 at 9:09AM Checked: Jul 21 at 4:49AM
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 REEDER ENTERPRISES
Investment Insights
Based on property information with market context.
Located in the Dockside Neighborhood District, this property benefits from a traffic count exceeding 12,000 vehicles per day. The zoning coincides with the "Mixed-Use Neighborhood" and "Residential Preservation" character areas in the Westlake at Hendersonville plan. The (DN) District is designed to accommodate low to medium intensity uses, providing a mix of offices, limited services, and single-family residential housing. Permitted uses include professional offices, general business services, office parks, hospitals and medical clinics, hotels, restaurants, and retail development, with upper story offices encouraged. Enhanced walkability is planned with new sidewalks being installed across the street, and streetscaping will be a focus for the area. The district allows structures up to two stories and up to four units per acre. The property features a large, level lot and a spacious backyard suitable for parking. The 1395 square foot building includes original hardwoods downstairs, millwork, doors, and hardware. A newer roof and new gutters with a gutter guard system are in place.
Key Highlights
- High‑traffic location (12k+ per day) ideal for business exposure.
- Zoned for mixed‑use (DN District) allowing for diverse development options.
- Large, level lot with a huge backyard suitable for parking or expansion.
Local Financial Insights For Retail
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 | $47.4k | $33.96 |
| − Vacancy | −$1.9k | −$1.36 |
| EGI | $45.5k | $32.60 |
| − OpEx | −$13.6k | −$9.78 |
| NOI | $31.8k | $22.82 |
1,395 SF · lease $33.96/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$454.8K
$397.9K – $530.6K
NOI $31,835 @ 7.0% cap · market cap 4.90%
Second Best
Office B
$333.4K
$291.8K – $389.0K
NOI $23,340 @ 7.0% cap · market cap 3.59%
Theoretical Best
Specialty Retail
$488.3K
$427.3K – $569.7K
NOI $34,180 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Lejsek Insurance
Insurance Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Commercial property in high-traffic area with mixed-use zoning.
Where is this commercial land located?
The property is located at 130 Walton Ferry Rd Hendersonville, TN.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: High‑traffic location (12k+ per day) ideal for business exposure.; Zoned for mixed‑use (DN District) allowing for diverse development options.; Large, level lot with a huge backyard suitable for parking or expansion.
