Operating Gas
For Sale
$950,000
6210 Clarksville Pike, Joelton, TN 37080
Fuel pumps are in place, with an existing tenant lease carrying approximately two years remaining.
Property Size1,884 SF
Lot Size3.41 Acres
Price / SF$504.25
Days on Market48
Property Features for 6210 Clarksville Pike
General Information
Standard status
Active
Size
1,884 SF
Lot size
3.41 Acres
Building Details
Year Built
1959
Listing Agency:
First Class Realty, LLC
Listed By:
Rachel Bellamy · License #RTC53490
Source:
Grayfoxrealty
Added: Sep 1
Changed: Oct 15
Last Checked: Oct 7 at 5:09PM
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 First Class Realty, LLC
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Investment Insights
Based on property information with market context.
This commercial property comprises 3.413 acres improved with an operating gas station and installed fuel pumps. The station was built in 1959 and is currently occupied by tenants under a lease with approximately two years remaining.
Located at 6210 Clarksville Pike in Joelton, Tennessee, the property sits at an intersection described as busy and highly visible. The site combines an established automotive-oriented operation with substantial commercial land area.
Located at 6210 Clarksville Pike in Joelton, Tennessee, the property sits at an intersection described as busy and highly visible. The site combines an established automotive-oriented operation with substantial commercial land area.
Key Highlights
- 3.413 commercial acres at 6210 Clarksville Pike
- Operating gas station with fuel pumps already installed
- Tenant lease has approximately two years remaining
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,374
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$807,480
$807.5K
Cap Rate 7%
$576,771
$576.8K
Cap Rate 9%
$448,600
$448.6K
Market Conditions
NOI Build-Up for 1,884 SF
Gross rent
$55.8K $29.64/SF
− Vacancy
−$2.0K −$1.07/SF
EGI
$53.8K $28.57/SF
− OpEx
−$13.5K −$7.14/SF
NOI
$40.4K $21.43/SF
Area
Davidson County, TN
Vacancy
3.60%
Lease Rate
$29.64 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$807,480
Cap Rate 7%
$576,771
Cap Rate 9%
$448,600
Alternative Uses
Best Use
Industrial
$1.93M
$1.69M – $2.25M
NOI $134,982 @ 7.0% cap · market cap 14.21%
Second Best
Specialty Retail
$576.8K
$504.7K – $672.9K
NOI $40,374 @ 7.0% cap · market cap 4.25%
Theoretical Best
Warehouse
$2.28M
$2.00M – $2.66M
NOI $159,662 @ 7.0% cap · market cap 16.81%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Explore this area
Business Placement
Demographics for 37080, TN
7,429
Population
3,322
Households
2.2
Avg Household Size
47
Median Age
21%
College-Educated
86%
High-School Grad
49.1 sq mi
ZIP Area
151
Density / Sq Mi
$78,151
Median Household Income
$43,855
Median Earnings
$1,123
Median Rent
$325,600
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Gas station - Fuel pumps are in place, with an existing tenant lease carrying approximately two years remaining.
Where is this gas station located?
The property is located at 6210 Clarksville Pike Joelton, TN.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 3.413 commercial acres at 6210 Clarksville Pike; Operating gas station with fuel pumps already installed; Tenant lease has approximately two years remaining
