Corner Office Suite with Two
501 Long Hollow Pike Goodlettsville, TN 37072
501 Long Hollow Pike, Goodlettsville, TN, 37072
$1,500,000
For Sale
$1,500,000
Office space configured as two separate offices on a high-visibility corner across from major retailers.
Property Size2,969 SF
Price / SF$505.22
Days on Market75
Property Features for 501 Long Hollow Pike
General Information
- Standard status
- Active
- Size
- 2,969 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1986
Listing agency
RE/MAX CHOICE PROPERTIES
(615) 822-2003
Listed by
KATHY M. DECKER · License #252349
Source
Corcoran
Added: May 9 Updated: Jul 21 at 4:22AM Checked: Jul 22 at 7:47AM
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 RE/MAX CHOICE PROPERTIES
Investment Insights
Based on property information with market context.
This office property is currently configured as two separate offices, offering flexibility for a single user or separate professional uses. The space is positioned for prominent visibility along a key intersection.
The property is located at the corner of Long Hollow Pike and Ellen Drive in Goodlettsville, with Publix and Walgreens directly across Long Hollow Pike and Ellen Drive. Interstate access is also nearby, with the property listed as less than a mile to I-65.
For sale, this offering presents a straightforward office layout with a retail-forward location and immediate proximity to well-known anchors across the street.
The property is located at the corner of Long Hollow Pike and Ellen Drive in Goodlettsville, with Publix and Walgreens directly across Long Hollow Pike and Ellen Drive. Interstate access is also nearby, with the property listed as less than a mile to I-65.
For sale, this offering presents a straightforward office layout with a retail-forward location and immediate proximity to well-known anchors across the street.
Key Highlights
- Office space built in 1986, configured as two separate offices
- High‑visibility corner at Long Hollow Pike and Ellen Drive
- Less than a mile to I‑65
Local Financial Insights For Office B
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 | $78.4k | $26.40 |
| − Vacancy | −$12.1k | −$4.09 |
| EGI | $66.2k | $22.31 |
| − OpEx | −$16.6k | −$5.58 |
| NOI | $49.7k | $16.73 |
2,969 SF · lease $26.40/SF/yr · vacancy 15.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$709.6K
$620.9K – $827.9K
NOI $49,674 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.59M
$3.15M – $4.19M
NOI $251,611 @ 7.0% cap · market cap 16.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Benita L (Swartout) ...
Physician
Alive and Well Health
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Office space configured as two separate offices on a high-visibility corner across from major retailers.
Where is this office units located?
The property is located at 501 Long Hollow Pike Goodlettsville, TN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Office space built in 1986, configured as two separate offices; High‑visibility corner at Long Hollow Pike and Ellen Drive; Less than a mile to I‑65
