222 Gallatin Pike Nashville, TN 37115
Exceptional investment opportunity: a vacant, 5,600-square-foot car wash located at 222 Gallatin Pike South, Nashville, TN 37115, in Davidson County. This special purpose property sits on a 0.84-acre lot and features a 150-foot tunnel. The asking price is $1,500,000, translating to $267.86 per square foot. The property, built in 1950, is zoned OV-CDO and is currently vacant due to the owner's personal reasons. However, it could be operational immediately with existing equipment and minimal maintenance. The car wash has operated at this location since the 1960s. This is an "as-is" sale, but the owner is open to exploring lease options or owner financing with suitable financial documentation and guarantees. The property's occupancy date is August 6, 2024. This presents a unique chance to acquire a well-established business in a prime Nashville location. The sale includes the building and land.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.