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    1333 Nashville Pike Gallatin, TN 37066

    For Sale
    $3,236,000

    3.91 Acres, 90-Room Hotel Plans

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3.91-acre commercial land parcel in Gallatin, Tennessee, presents a remarkable investment opportunity. Located at 1333 Nashville Pike, in the thriving Southwest Gallatin area, this property boasts a prime location at the intersection of Nashville Pike and S. Browns Lane. Approved for a 90-room, four-story hotel, complete architectural plans are available for review. The property's PGC (Planned General Commercial District) zoning allows for a wide range of additional uses, including healthcare facilities, childcare centers, nursing homes, places of worship, animal care facilities, various office spaces, food service establishments, retail outlets, medical services, automotive services, and convenience stores. Its strategic placement adjacent to Lowe's Home Improvement and near Edmonton State Bank, Andy's Frozen Custard, Dutch Bros Coffee, Discount Tire, Subaru of Gallatin, and Gallatin Ford ensures high visibility and accessibility. The PGC zoning aims to foster modern and efficient commercial development along major roadways, making this a highly desirable location for a variety of businesses. The asking price for this exceptional property is $3,236,000. This is a rare opportunity to acquire a strategically located, versatile commercial land parcel with approved hotel plans in a rapidly growing market.

    Property Features for 1333 Nashville Pike

    General Information

    Property type
    Land
    Lot Size
    170,320 SF

    HighLights

    • 3.91 acres approved for a 90‑room, four‑story hotel.
    • Hotel architectural plans available.
    • Suitable for various uses including healthcare, childcare, and retail.
    • High‑visibility location in booming Southwest Gallatin.
    • Situated at Nashville Pike and S. Browns Lane, adjacent to Lowe's and near other national retailers.
    • PGC zoning allows for diverse commercial development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Gallatin
    County
    Sumner
    State
    Tennessee
    Longitude
    -86.488062
    Latitude
    36.364878

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    FAQs

    What type of property is this?
    Land - 3.91 Acres, 90-Room Hotel Plans
    Where is this land located?
    The property is located at 1333 Nashville Pike Gallatin, TN.
    What is the asking price?
    The asking price for this property is $3,236,000.
    What are key features of this property?
    This property features: 3.91 acres approved for a 90-room, four-story hotel.; Hotel architectural plans available.; Suitable for various uses including healthcare, childcare, and retail.
    Request Owner's contact information
    1333 Nashville Pike Gallatin, TN 37066
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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
    1333 Nashville Pike Gallatin, TN 37066
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