124 Walton Ferry Rd Hendersonville, TN 37075
- Auto shops
- 2,400 SF
- 0.13 lot acres
Current Use by Public Records
- Auto shops
Property Details for 124 Walton Ferry Rd
- Year built
- 1965
- Lot size
- 0.13 lot acres
- Property size
- 2,400 SF
- Zone code
- TC-C
- Property type
- Auto shops
- APN
- 083163D C 00500
- APU
- 083163DC00500
Description
This exceptional 1.5-acre commercial property, located at 124 Walton Ferry Rd in Hendersonville, TN, presents a unique investment opportunity. The site is comprised of five separate parcels, each available for individual purchase (pricing available upon request). Boasting a total area of 2,400 square feet, this property is ideally situated in the Dockside Neighborhood District, benefiting from high visibility and significant traffic volume. Walton Ferry Road sees an impressive 12,170 vehicles daily, ensuring maximum exposure for any commercial venture. The flexible zoning allows for a variety of development possibilities, making this an attractive option for businesses seeking a prominent location with excellent accessibility. The individual parcel sales provide flexibility for investors looking to acquire a smaller footprint or for multiple buyers seeking synergistic development opportunities. This prime location offers unparalleled potential for growth and return on investment in a thriving Hendersonville community. Serious inquiries are encouraged to explore the individual parcel pricing and development possibilities further. The property's strategic location and high traffic count make it an exceptional opportunity for commercial development.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $7,755,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,995,000
- 6.5%
- $7,855,000
- 7%
- $7,180,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,990,000
- Geo Method
- $6,370,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,850,000
- Retail
- $7,465,000
- Mixed-Use
- $7,820,000
- Hospitality
- $7,590,000
- Educational
- $6,275,000
- Residential Income
- $5,980,000
- Energy
- $8,055,000
- Income-Based Land
- $7,325,000
- Food Service
- $7,795,000
Location Insight
- Map
- Local Demand
- City
- Hendersonville
- County
- Sumner
- State
- Tennessee
- Longitude
- -86.6208
- Latitude
- 36.3025
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
