0 Rawlings Rd Nashville, TN 37080
This exceptional 3.46-acre commercial land parcel presents a unique investment opportunity in Davidson County, near Nashville, Tennessee. Located on Rawlings Road in Joelton (zip code 37080), this flat corner lot boasts 684 feet of highway frontage at a signalized intersection, ensuring high visibility and accessibility. The property's CN Commercial Neighborhood zoning permits a variety of uses, including but not limited to: fast food, restaurants, retail, office space, medical facilities (urgent care, physical therapy), convenience stores, grocery stores, general business, senior centers, daycare facilities, churches, and financial institutions. Multifamily and residential development may also be possible. The high average daily traffic count of 10-12,000 vehicles provides significant exposure to potential customers. The property's proximity to Interstate 24 (1.5 miles) and downtown Nashville (15 miles) further enhances its appeal. Existing utilities, including water and power, are available at the street. Note that short-term rentals (like Airbnb) are permitted with conditions under the current zoning. This presents a significant advantage, as new non-owner occupied short-term rental permits are not issued for residential properties. The location's proximity to eight nearby wedding and music venues creates additional potential for businesses catering to this market. The property is being sold "as-is," and buyers are responsible for conducting their own due diligence. Use the address 5001 Rawlings Rd, Joelton, TN 37080 for GPS navigation. The asking price is $549,900.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.