Warehouse Flex Building with
63 Oakdale Rd Westmoreland, TN 37186
63 Oakdale Rd, Westmoreland, TN, 37186
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For Sale
Contact for pricing
A 9,200 sq ft warehouse flex property with a separate office building, climate-controlled office, and 13'9" clear heated warehouse space.
Property Size9,200 SF
Price / SF$119.57
Days on Market82
Property Features for 63 Oakdale Rd
General Information
- Standard status
- Active
- Size
- 9,200 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 2010
Listing agency
Better Homes and Gardens Real Estate Ben Bray & Associates
Listed by
Joe Barber · License #TN
Source
Crexi
Added: May 1 Updated: Jul 20 at 5:31PM Checked: Jul 20 at 5:31PM
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 Better Homes and Gardens Real Estate Ben Bray & Associates
Investment Insights
Based on property information with market context.
This for-sale flex warehouse property includes an 8,000 sq ft main building and a 1,200 sq ft separate building. The space features a 16' x 20' climate-controlled office with a full kitchen and bathroom, along with a shop restroom. The heated warehouse area offers a 13'9" clear ceiling height. The property is supported by a 400 amp 1/0 electric service, with 3/0 available.
The property is located just off Hwy 52 with visibility, and the Hwy 52 traffic count exceeds 10,000 vehicles per day. It is minutes from Gallatin and Lebanon suburban amenities, with a short drive to Nashville and BNA airport.
The layout supports a range of practical commercial uses, including warehouse space and light industrial applications, as well as flexible options such as retail, food, shopping, event venue rental, automotive, or contractor use, subject to applicable approvals.
The property is located just off Hwy 52 with visibility, and the Hwy 52 traffic count exceeds 10,000 vehicles per day. It is minutes from Gallatin and Lebanon suburban amenities, with a short drive to Nashville and BNA airport.
The layout supports a range of practical commercial uses, including warehouse space and light industrial applications, as well as flexible options such as retail, food, shopping, event venue rental, automotive, or contractor use, subject to applicable approvals.
Key Highlights
- 9,200 SF commercial warehouse flex property (1,200 SF separate building plus 8,000 SF main building)
- Heated warehouse area with 13'9" clear ceiling height
- Climate‑controlled office includes a 16' x 20' office plus full kitchen and bathroom and shop restroom
Local Financial Insights For Warehouse
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 | $89.7k | $9.75 |
| − Vacancy | −$2.8k | −$0.30 |
| EGI | $86.9k | $9.45 |
| − OpEx | −$13.0k | −$1.42 |
| NOI | $73.9k | $8.03 |
9,200 SF · lease $9.75/SF/yr · vacancy 3.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.06M
$923.5K – $1.23M
NOI $73,881 @ 7.0% cap · market cap 6.72%
Second Best
Flex RnD
$958.5K
$838.7K – $1.12M
NOI $67,096 @ 7.0% cap · market cap 6.10%
Theoretical Best
Specialty Retail
$3.22M
$2.82M – $3.76M
NOI $225,420 @ 7.0% cap · market cap 20.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - A 9,200 sq ft warehouse flex property with a separate office building, climate-controlled office, and 13'9" clear heated warehouse space.
Where is this flex space located?
The property is located at 63 Oakdale Rd Westmoreland, TN.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 9,200 SF commercial warehouse flex property (1,200 SF separate building plus 8,000 SF main building); Heated warehouse area with 13'9" clear ceiling height; Climate‑controlled office includes a 16' x 20' office plus full kitchen and bathroom and shop restroom
