Corner Retail Development
2815 Highway 49 E Charlotte, TN 37036
For Sale
$349,900
5.45-acre corner site with extensive Highway 49 and Maple Valley Road frontage plus an insulated shop building with 3-phase power.
Lot Size5.45 Acres
Days on Market86
Property Features for 2815 Highway 49 E
General Information
Standard status
Active
Lot size
5.45 Acres
Property subtype
Commercial
Building Details
Year Built
1998
Listing Agency:
E4 Real Estate Group, LLC
(615) 202-2100
Listed By:
R. Scott England
(615) 202-2100
Source:
Spotlightproperties
Added: May 5
Changed: Jul 27
Last Checked: Jul 28 at 6:27PM
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 E4 Real Estate Group, LLC
Investment Insights
Based on property information with market context.
This 5.45 +/− acre corner property offers extensive frontage on highly traveled Hwy 49 and Maple Valley Rd, with nearly flat terrain that can support straightforward site development. An existing commercial shop building is included, featuring an insulated red iron steel structure, 3-phase power, a newer A/C, an insulated overhead door, and is positioned to support a range of commercial operations.
The site has flexible mixed zoning, which can accommodate a variety of commercial and residential opportunities. It sits in a growth corridor directly across from a newly built Dollar General and adjacent to a storage facility under construction.
Additional access is described via Briley Parkway, with routes to Dickson, Charlotte, Ashland City, and Nashville noted as approximately 25 miles away.
The site has flexible mixed zoning, which can accommodate a variety of commercial and residential opportunities. It sits in a growth corridor directly across from a newly built Dollar General and adjacent to a storage facility under construction.
Additional access is described via Briley Parkway, with routes to Dickson, Charlotte, Ashland City, and Nashville noted as approximately 25 miles away.
Key Highlights
- 5.45 +/- acre corner site with extensive frontage on Hwy 49 and Maple Valley Rd
- Existing commercial shop building with insulated red iron steel structure and an insulated overhead door
- Shop building includes 3‑phase power and a newer A/C
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 | $22.7k | $18.00 |
| − Vacancy | −$1.9k | −$1.53 |
| EGI | $20.8k | $16.47 |
| − OpEx | −$6.2k | −$4.94 |
| NOI | $14.5k | $11.53 |
1,260 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$207.5K
$181.6K – $242.1K
NOI $14,527 @ 7.0% cap · market cap 4.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$369.4K
$323.2K – $430.9K
NOI $25,855 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - 5.45-acre corner site with extensive Highway 49 and Maple Valley Road frontage plus an insulated shop building with 3-phase power.
Where is this commercial land located?
The property is located at 2815 Highway 49 E Charlotte, TN.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 5.45 +/- acre corner site with extensive frontage on Hwy 49 and Maple Valley Rd; Existing commercial shop building with insulated red iron steel structure and an insulated overhead door; Shop building includes 3‑phase power and a newer A/C
