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    1000 Rivergate Dr Goodlettsville, TN 37072

    Sponsored
    For Sale
    $2,400,000

    Prime 2-acre site, near Nashville

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2-acre parcel in Goodlettsville, Tennessee, presents a unique opportunity to develop a hotel within the burgeoning Rivergate Mall Redevelopment. Located just 12 miles north of downtown Nashville, this site is ideally positioned to capitalize on the area's rapid growth. As part of Phase 1 of the redevelopment, the property will benefit from the immediate proximity to 17,000 square feet of street retail and 340 multifamily units (ranging from one to three bedrooms). Future phases will include additional residential, retail, and office space, further enhancing the area's appeal and attracting a significant influx of residents and visitors. The site is zoned for a hotel of up to 120 keys, requiring minimal additional planning before construction can commence. Ample surface parking is available, adding to the property's convenience and appeal. This development offers a rare chance to establish a hotel within a thriving, mixed-use community, providing immediate access to a diverse range of amenities and a strong, built-in customer base. The property is offered at $2,400,000. This is a for sale by owner listing. The address is 1000 Rivergate Dr, Goodlettsville, TN 37072, Davidson County.

    Property Features for 1000 Rivergate Dr

    General Information

    Property type
    Motels
    Lot Size
    87,120 SF

    HighLights

    • $2,400,000 asking price.
    • 2‑acre hotel development site in Goodlettsville, TN (Nashville suburb).
    • Located 12 miles north of downtown Nashville.
    • Zoned for up to a 120‑key hotel.
    • For sale by owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Airlusions by T&T ... Candle Store Mark Lynn & Associates Optometrist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Goodlettsville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.6982004
    Latitude
    36.3029084

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    FAQs

    What type of property is this?
    Motel - Prime 2-acre site, near Nashville
    Where is this motel located?
    The property is located at 1000 Rivergate Dr Goodlettsville, TN.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: $2,400,000 asking price.; 2-acre hotel development site in Goodlettsville, TN (Nashville suburb).; Located 12 miles north of downtown Nashville.
    Request Owner's contact information
    1000 Rivergate Dr Goodlettsville, TN 37072
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    Goodlettsville, TN 37072
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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
    1000 Rivergate Dr Goodlettsville, TN 37072
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