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Goodlettsville Mixed-Use Development Opportunity

1332 Dickerson Road Goodlettsville, TN 37072

Claim this Listing
For Sale
$705,000

1.22-acre property with flexible development potential in Goodlettsville, TN.

Type:MU
Property size:
2,933 SF
Lot size:
1.22 Acres
Price / SF:
$240/SF
Added:
Jun 24, 2025
Days on Market:
383
Last Refresh:
Jun 28 at 9:48 pm

Property Features for 1332 Dickerson Road

General Information

Standard status
Active
Size
2,933 SF
Lot size
1.22 Acres
Property subtype
MU

Listing office KW Commercial Nashville

Listing date Jun 24, 2025

Source Realnex

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 KW Commercial Nashville


Investment Insights

Based on property information with market context.

Located along the Dickerson Pike corridor in Goodlettsville, within Metro Nashville, the property at 1332 S Dickerson Road spans 1.22 acres. It is zoned CS (Commercial Services) and guided by the T3-CM Suburban Mixed Use Corridor policy, offering development potential for commercial, residential, or mixed-use projects. The existing structure totals approximately 2,933 square feet and includes a residential layout with a separate office unit and enclosed storage, potentially supporting interim use or conversion to live-work, service business, or small office. Under the current CS zoning, a commercial building of up to 30,000 square feet is allowed, with a maximum height of 45 feet and 60% lot coverage, making the property suitable for retail, medical, office, or contractor-oriented use. Rezoning to MUL-A could support a mixed-use development with 24–36 residential units and 10,000–15,000 square feet of commercial space, featuring pedestrian-focused design. A custom SP rezoning could allow a five-story, 100,000 square foot development with 50–75 residential units, structured parking, and activated street frontage, maximizing density. The property is located near I-65 and key public schools, with utilities and fiber internet access available, offering a strategic infill opportunity for developers, businesses, or investors seeking flexible zoning and access to the growing North Davidson market.

Key Highlights

  • 1.22‑acre property with flexible development potential.
  • Strategic infill opportunity in the growing North Davidson market with corridor visibility.
  • Current CS zoning allows for a commercial building of up to 30,000 square feet.

Local Financial Insights For Mixed Use

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 $88.0k $30.00
− Vacancy −$5.3k −$1.80
EGI $82.7k $28.20
− OpEx −$31.0k −$10.58
NOI $51.7k $17.63
2,933 SF · lease $30.00/SF/yr · vacancy 6.00% · expense 37.50%

Alternative Uses

Best Use
Mixed Use
$738.5K
$646.2K – $861.6K (±1% cap)
NOI $51,694 @ 7.0% cap · market cap 7.33%
Second Best
Office B
$701.0K
$613.4K – $817.9K (±1% cap)
NOI $49,072 @ 7.0% cap · market cap 6.96%
Theoretical Best
Warehouse
$3.55M
$3.11M – $4.14M (±1% cap)
NOI $248,560 @ 7.0% cap · market cap 35.26%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Real Estate Agency Restaurant Big Box & Wholesale Store Hair Salon Auto Parts Store Spa & Massage Center HVAC Service Nail Salon Storage Facility Gym & Fitness Center

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

FAQs

What type of property is this?
Mixed-use property - 1.22-acre property with flexible development potential in Goodlettsville, TN.
Where is this mixed-use property located?
The property is located at 1332 Dickerson Road Goodlettsville, TN.
What is the asking price?
The asking price for this property is $705,000.
What are key features of this property?
This property features: 1.22‑acre property with flexible development potential.; Strategic infill opportunity in the growing North Davidson market with corridor visibility.; Current CS zoning allows for a commercial building of up to 30,000 square feet.
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