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    Hendersonville Warehouse Space For Lease Title is generated by Realmo AI

    69 New Shackle Island Rd, Hendersonville, TN

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    Versatile warehouse space in Hendersonville's thriving commercial corridor.

    Type:INDUSTRIAL
    Property size:
    1,965 SF
    Lot size:
    1.96 Acres
    Added:
    Nov 26, 2025
    Days on Market:
    172
    Last Refresh:
    Apr 5 at 10:31 pm

    Property Features for 69 New Shackle Island Rd

    General Information

    Standard status
    Active
    Size
    1,965 SF
    Lot size
    1.96 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 69 New Shackle Island Rd Contact us

    We can help!

    Listing Contact
    Amanda Hayes

    Listing agent Amanda Hayes

    Listing office SVN | Accel Commercial Real Estate

    Listing date Nov 26, 2025

    Source Moodyscre

    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 SVN | Accel Commercial Real Estate

    HighLights

    • Excellent location in Hendersonville's thriving commercial corridor with high visibility and accessibility.
    • Quick access to Vietnam Veterans Boulevard and Nashville Pike for easy regional transport.
    • High ceilings and open floor plan provide flexible space for various business operations.
    • Includes a garage door for convenient loading, access, and drive‑in capability.
    • Ample on‑site parking with easy maneuverability for vehicles.
    • Suitable for a variety of uses, including auto detailing, light manufacturing, storage, or distribution.

    Overview

    This versatile warehouse space is located off New Shackle Island Road in Hendersonville’s busy commercial corridor, offering an excellent opportunity for businesses seeking functionality and visibility. The property benefits from close proximity to major thoroughfares like Vietnam Veterans Boulevard and Nashville Pike, providing easy access to downtown Nashville and the surrounding suburbs. The property features high ceilings, an open floor plan, and a convenient garage door for easy loading and access. It is surrounded by strong commercial and industrial neighbors supporting daily traffic and visibility. The 1965-square-foot space is ideal for a variety of uses, including auto detailing, light manufacturing, distribution, or storage. Ample on-site parking with easy maneuverability for vehicles is available. This location combines convenience, connectivity, and strong local growth to support a wide range of business operations. The space is ready to support your business from day one.
    Location Intelligence

    Current Use by Public Records

    A-Plus Auto Repair, ... Auto Repair Shop Apex Autoworks Auto Repair Shop Hatcher Imports Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

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

    Similar Places Nearby

    • Devon Self Storage — 364 W Main St, Hendersonville, TN 37075
    • The Church Of Jesus Christ Latter Day Saints Home Storage Center — 19 industrial park dr, hendersonville, tn 37075
    • New Shackle Self Storage — 92 New Shackle Island Rd, Hendersonville, TN 37075
    • HENDERSONVILLE SELF STORAGE — New Shackle Island Rd, Hendersonville, TN 37075
    • Devon Self Storage — 63 New Shackle Island Rd, Hendersonville, TN 37075

    Location Insight

    • Map
    • Local Demand
    City
    Hendersonville
    County
    Sumner
    State
    Tennessee
    Longitude
    -86.6361
    Latitude
    36.3042

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    FAQs

    What type of property is this?
    Warehouse - Versatile warehouse space in Hendersonville's thriving commercial corridor.
    Where is this warehouse located?
    The property is located at 69 New Shackle Island Rd Hendersonville, TN.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Excellent location in Hendersonville's thriving commercial corridor with **high visibility and accessibility**.; Quick access to Vietnam Veterans Boulevard and Nashville Pike for easy regional transport.; **High ceilings and open floor plan** provide flexible space for various business operations.
    (615) 671-4544 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Amanda Hayes
    Learn More
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    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
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