Industrial Building on
1986 Hwy 100, Centerville, TN 37033
For Sale
Contact for pricing
The offering pairs an industrial facility with land assembled in two tracts.
Property Size5,727 SF
Lot Size4.27 Acres
Price / SF$96.04
Days on Market29
Property Features for 1986 Hwy 100
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Highway Access
Property Use
Listing Agency:
Charles Hawkins Co.
Listed By:
Jamie Phillips · License #356845
(615) 517-4607
Source:
Crexi
Added: Oct 12
Changed: Nov 8
Last Checked: Nov 8 at 3:52PM
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 Charles Hawkins Co.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property includes an industrial building of approximately 5,727 square feet on approximately 4.27 acres, divided into two tracts. The industrial use and tract configuration define the offering’s physical layout.
The site is near I-40 and I-840, and McDonald’s and Exxon are across the highway. It is within the Nashville metropolitan statistical area. Hickman County’s population was 24,925 in 2020 and is estimated at 26,219 for 2025.
The site is near I-40 and I-840, and McDonald’s and Exxon are across the highway. It is within the Nashville metropolitan statistical area. Hickman County’s population was 24,925 in 2020 and is estimated at 26,219 for 2025.
Key Highlights
- Approximately 5,727‑square‑foot industrial building
- Approximately 4.27 total acres across 2 tracts
- Near I‑40 and I‑840
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,162
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,240
$823.2K
Cap Rate 7%
$588,029
$588.0K
Cap Rate 9%
$457,356
$457.4K
Market Conditions
NOI Build-Up for 5,727 SF
Gross rent
$61.2K $10.68/SF
− Vacancy
−$2.4K −$0.41/SF
EGI
$58.8K $10.27/SF
− OpEx
−$17.6K −$3.08/SF
NOI
$41.2K $7.19/SF
Area
Hickman County, TN
Vacancy
3.86%
Lease Rate
$10.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,240
Cap Rate 7%
$588,029
Cap Rate 9%
$457,356
Alternative Uses
Best Use
Industrial
$588.0K
$514.5K – $686.0K
NOI $41,162 @ 7.0% cap · market cap 7.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M
NOI $103,416 @ 7.0% cap · market cap 18.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 37033, TN
7,865
Population
3,848
Households
2
Avg Household Size
44
Median Age
14%
College-Educated
87%
High-School Grad
266.3 sq mi
ZIP Area
30
Density / Sq Mi
$56,455
Median Household Income
$37,199
Median Earnings
$935
Median Rent
$199,800
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Industrial property - The offering pairs an industrial facility with land assembled in two tracts.
Where is this industrial property located?
The property is located at 1986 Hwy 100 Centerville, TN.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Approximately 5,727‑square‑foot industrial building; Approximately 4.27 total acres across 2 tracts; Near I‑40 and I‑840
