Automotive Property with Repair and Paint
5397 Murfreesboro Rd, La Vergne, TN 37086
For Sale
$2,999,990
City approval covers both vehicle sales and full-service repairs, alongside detailing and a separate storage facility.
Property Size6,000 SF
Days on Market84
Property Features for 5397 Murfreesboro Rd
General Information
Standard status
Size
Property subtype
Tenancy & Operations
Currently Operating
Real Estate Included
Additional Details
Business Included
Road Access
Self-Storage Units
Automotive Uses
Property Use
Building Details
Building Size
Year Built
Listing Agency:
simpliHOM
Listed By:
Mike Mekhail, Principal Broker, CRS, ABR · License TN #282381
(615) 500-7018
Source:
Chordrealestate
Added: Aug 18
Changed: Nov 8
Last Checked: Nov 8 at 11:45AM
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 simpliHOM
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Investment Insights
Based on property information with market context.
This automotive property combines a sales office with dedicated spaces for vehicle detailing, mechanical repair, and paint work. The site also includes a separate self-storage facility with 40 units on its own parcel. Built in 2005, the property is approved by the City of La Vergne for dealership and full-service repair operations.
Located on Murfreesboro Road in La Vergne, Tennessee, the property brings its automotive and storage components together across separate parcels.
Located on Murfreesboro Road in La Vergne, Tennessee, the property brings its automotive and storage components together across separate parcels.
Key Highlights
- City‑approved for dealership and full‑service repair operations
- Sales office, detailing shop, repair shop, and separate paint building
- Separate 40‑unit self‑storage facility on its own parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$136,927
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,738,540
$2.7M
Cap Rate 7%
$1,956,100
$2.0M
Cap Rate 9%
$1,521,411
$1.5M
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$203.8K $33.96/SF
− Vacancy
−$8.2K −$1.36/SF
EGI
$195.6K $32.60/SF
− OpEx
−$58.7K −$9.78/SF
NOI
$136.9K $22.82/SF
Area
Rutherford County, TN
Vacancy
4.00%
Lease Rate
$33.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,738,540
Cap Rate 7%
$1,956,100
Cap Rate 9%
$1,521,411
Alternative Uses
Best Use
Retail
$1.96M
$1.71M – $2.28M
NOI $136,927 @ 7.0% cap · market cap 4.56%
Second Best
Self Storage
$819.1K
$716.7K – $955.6K
NOI $57,335 @ 7.0% cap · market cap 1.91%
Theoretical Best
Specialty Retail
$2.07M
$1.81M – $2.42M
NOI $145,152 @ 7.0% cap · market cap 4.84%
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
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
242
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 37086, TN
37,463
Population
13,282
Households
2.8
Avg Household Size
32
Median Age
23%
College-Educated
89%
High-School Grad
24.8 sq mi
ZIP Area
1,511
Density / Sq Mi
$79,285
Median Household Income
$39,943
Median Earnings
$1,716
Median Rent
$268,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- U-Haul Neighborhood Dealer — 5435 Murfreesboro Rd, La Vergne, TN 37086
- D M C Storage Trailer Rentals — 483 Dick Buchanan St, La Vergne, TN 37086
- Meisler Trailer Rentals — 483C Dick Buchanan St, La Vergne, TN 37086
Frequently Asked Questions
What type of property is this?
Automotive property - City approval covers both vehicle sales and full-service repairs, alongside detailing and a separate storage facility.
Where is this automotive property located?
The property is located at 5397 Murfreesboro Rd La Vergne, TN.
What is the asking price?
The asking price for this property is $2,999,990.
What are key features of this property?
This property features: City‑approved for dealership and full‑service repair operations; Sales office, detailing shop, repair shop, and separate paint building; Separate 40‑unit self‑storage facility on its own parcel
