Two-Story Office
For Sale
Contact for pricing
180 N Belvedere Dr, Gallatin, TN 37066
Four private rooms and two bathrooms provide a practical layout for office operations.
Property Size1,125 SF
Price / SF$1.73
Days on Market32
Property Features for 180 N Belvedere Dr
General Information
Standard status
Active
Size
1,125 SF
Property subtype
Mixed Use
Additional Details
Property Use
Office
Building Details
Year Built
2004
Stories
2
Listing Agency:
Premier Management Group
(615) 989-7973
Listed By:
Casey Fouts · License #331407
(615) 447-8021
Source:
Movehomenashville
Added: Sep 29
Changed: Oct 29
Last Checked: Oct 29 at 2:50PM
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 Premier Management Group
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Investment Insights
Based on property information with market context.
This two-story office unit contains 1,125 square feet arranged across four large rooms, with two bathrooms. Natural light enters through numerous windows, and the interior has new flooring and paint.
Built in 2004, the property is located at 180 N Belvedere Dr in Gallatin, Tennessee.
Built in 2004, the property is located at 180 N Belvedere Dr in Gallatin, Tennessee.
Key Highlights
- 1,125‑square‑foot, two‑story office unit
- Four large rooms and two bathrooms
- Windows bring natural light into the space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,822
Suggested Prices Based on Cap Rates
Cap Rate 5%
$376,440
$376.4K
Cap Rate 7%
$268,886
$268.9K
Cap Rate 9%
$209,133
$209.1K
Market Conditions
NOI Build-Up for 1,125 SF
Gross rent
$29.7K $26.40/SF
− Vacancy
−$4.6K −$4.09/SF
EGI
$25.1K $22.31/SF
− OpEx
−$6.3K −$5.58/SF
NOI
$18.8K $16.73/SF
Area
Sumner County, TN
Vacancy
15.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$376,440
Cap Rate 7%
$268,886
Cap Rate 9%
$209,133
Alternative Uses
Best Use
Office B
$268.9K
$235.3K – $313.7K
NOI $18,822 @ 7.0% cap · market cap 965.23%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$393.8K
$344.6K – $459.4K
NOI $27,565 @ 7.0% cap · market cap 1,413.59%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
393
Businesses Nearby
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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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Four private rooms and two bathrooms provide a practical layout for office operations.
Where is this office unit located?
The property is located at 180 N Belvedere Dr Gallatin, TN.
What are key features of this property?
This property features: 1,125‑square‑foot, two‑story office unit; Four large rooms and two bathrooms; Windows bring natural light into the space
