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    2120 Old Highway 431 Greenbrier, TN 37073

    Sponsored
    For Sale
    $3,400,000

    Established Antique Mall, High Traffic Location

    Property size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents a thriving antique mall and its accompanying building situated on a prominent 3.12-acre lot in Greenbrier, Tennessee. The property boasts a newly constructed 20,000 square foot metal building, ideally suited for its current use and offering significant expansion potential. Conveniently located on Old Hwy 431 S, this high-traffic location benefits from excellent visibility and accessibility, just seven miles from I-24, Exit 35 (Joelton). The established business, "Ms Rhonda's Antiques & More," currently houses 173 quality vendor booths, generating consistent revenue streams. Ample parking is provided with 123 paved spaces. A food truck operates on weekends and during special events, adding to the property's income potential. The asking price for this turnkey operation is $3,400,000. This property offers a unique blend of established business and substantial real estate, presenting a compelling investment opportunity in a desirable location. The substantial lot size allows for future development or expansion of the existing business. This is a rare chance to acquire a well-established, profitable business with significant growth potential in a thriving community. The property's prime location and ample parking ensure continued success for years to come.

    Property Features for 2120 Old Highway 431

    General Information

    Property type
    Investment properties
    Square Feet
    20,000 SF
    Lot Size
    135,907 SF

    HighLights

    • Thriving antique mall ("Ms Rhonda's Antiques & More") with 173 vendor booths generating consistent revenue.
    • Newly constructed 20,000 sq ft metal building on a 3.12‑acre lot in Greenbrier, TN.
    • High‑traffic location on Old Hwy 431 S, seven miles from I‑24, Exit 35 (Joelton), offering excellent visibility and accessibility.
    • Ample parking with 123 paved spaces and weekend food truck operation adding to income potential.
    • $3,400,000 asking price for this turnkey operation with significant expansion potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Storage Facility Discount Store Furniture Store Convenience Store Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenbrier
    County
    Robertson
    State
    Tennessee
    Longitude
    -86.8997629
    Latitude
    36.4231156

    Nearby Comparable

    • $3,400,000
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      Exit 35 (Joelton)
      2120 Old Highway 431, Greenbrier, TN 37073
      View Details
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    • $3,400,000
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      2120 Old Highway 431, Greenbrier, TN 37073
      View Details

    FAQs

    What type of property is this?
    Investment property - Established Antique Mall, High Traffic Location
    Where is this investment property located?
    The property is located at 2120 Old Highway 431 Greenbrier, TN.
    What is the asking price?
    The asking price for this property is $3,400,000.
    What are key features of this property?
    This property features: Thriving antique mall ("Ms Rhonda's Antiques & More") with 173 vendor booths generating consistent revenue.; Newly constructed 20,000 sq ft metal building on a 3.12-acre lot in Greenbrier, TN.; High-traffic location on Old Hwy 431 S, seven miles from I-24, Exit 35 (Joelton), offering excellent visibility and accessibility.
    Request Owner's contact information
    2120 Old Highway 431 Greenbrier, TN 37073
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    Greenbrier, TN 37073
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    Realmo Value Estimation

    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.

    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.

    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
    2120 Old Highway 431 Greenbrier, TN 37073
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