Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Land Ready to Build Title is generated by Realmo AI

    3232 Hwy 46, Dickson, TN 37055

    View on Map
    Claim this Listing
    For Sale
    $219,000

    Cleared commercial land near I-40 with high traffic count.

    Type:Land or Vacant Lot
    Lot size:
    0.53 Acres
    Added:
    Nov 23, 2025
    Days on Market:
    191
    Last Refresh:
    Apr 5 at 10:12 pm

    Property Features for 3232 Hwy 46

    General Information

    Standard status
    Active
    Lot size
    0.53 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    CHLOE DRAKE

    Listing agent CHLOE DRAKE

    Listing office MARKET PLACE REALTY

    Listing date Nov 23, 2025

    Source Corcoran

    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 MARKET PLACE REALTY

    HighLights

    • Zoned C‑2 (General Commercial District) offering opportunities for countless businesses
    • High traffic location with 14K daily traffic count
    • Cleared and ready to build
    • Located 2 minutes from I‑40
    • City water, public sewer, electric, and gas are available at the property
    • Directly next to an established gas station/deli and near active businesses

    Overview

    This commercial land is cleared and ready for construction. Zoned C-2 (General Commercial District), the location is suitable for various businesses. The property benefits from a daily traffic count of 14,000 vehicles. Situated next to a gas station and deli, it is also near other active businesses in the Dickson area. The site offers convenient access to Highway 100 and Highway 7 and is located 2 minutes from I-40. City water, public sewer, electric, and gas utilities are available at the property.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Auto Repair Shop Hair Salon Auto Parts Store Storage Facility Pet Store & Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Dickson
    County
    Dickson
    State
    Tennessee
    Longitude
    -87.3172
    Latitude
    35.98

    Nearby Similar for Sale

    • $710,000
      9,652 SF

      Dickson Commercial Property with Auto Lifts

      Commercial property with two buildings, auto lifts, and ample storage.
      1050 Highway 47 East, Dickson, TN 37055
      View Details
    • $650,000
      960 SF

      Operating Gas Station For Sale

      Gas station with lease in place, development potential.
      2417 Highway 46 S, Dickson, TN 37055
      View Details
    • $675,000
      5,736 SF

      Medical Office Buildings Near Hospital

      Two buildings previously used as medical offices, divisible.
      110 Highway 70 E, Dickson, TN 37055
      View Details
    • $784,900

      Updated Property with Equestrian Barn

      Modern home with barn, stalls, and fencing improvements.
      155 W Piney Rd, Dickson, TN 37055
      View Details
    • $882,900
      7,747 SF

      Historic Mixed-Use Investment Opportunity

      Downtown Dickson property with commercial and residential income potential.
      105 Center Ave, Dickson, TN 37055
      View Details
    • $825,000

      Barndominium-Style Home with Equestrian Features

      Exceptional 3-bedroom home on 5 acres with barn.
      1547 Manley Loop, Dickson, TN 37055
      View Details
    • $645,000
      1,300 SF

      Two Homes on 22 Acres

      Two homes on 22 acres in rural Dickson, Tennessee.
      611 Rocky Dr, Dickson, TN 37055
      View Details
    • $2,500,000
      55,000 SF

      Dickson Highway Corner Opportunity Zone

      Prime 5.5-acre commercial property in Dickson, Tennessee.
      1900 Highway 46 S, Dickson, TN 37055
      View Details
    • $224,900
      1,536 SF

      Iconic Restaurant Property For Sale

      Well-known restaurant property with exceptional visibility and accessibility.
      2201 Yellow Creek Rd, Dickson, TN 37055
      View Details
    • $875,000

      Equestrian Farm Near I-40

      32.4 acre equestrian farm with development potential near I-40.
      2620 Highway 48 S, Dickson, TN 37055
      View Details
    • $1,750,000

      137 Acres of Versatile Land

      137 acre property near Dickson with hunting and building potential.
      1651 Yellow Creek Road, Dickson, TN 37055
      View Details
    • $399,900

      Dickson County Prime Property

      3.5 acres of land in a strategic, growing area.
      0 Gentry Circle, Dickson, TN 37055
      View Details

    FAQs

    What type of property is this?
    Commercial land - Cleared commercial land near I-40 with high traffic count.
    Where is this commercial land located?
    The property is located at 3232 Hwy 46 Dickson, TN.
    What is the asking price?
    The asking price for this property is $219,000.
    What are key features of this property?
    This property features: Zoned C‑2 (General Commercial District) offering opportunities for countless businesses; High traffic location with **14K daily traffic count**; Cleared and ready to build
    (615) 922-2949
    We can help!
    Listing Contact
    CHLOE DRAKE
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3232 Hwy 46, Dickson, TN 37055
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!