1003 Drakes Creek Rd Hendersonville, TN 37075
- Commercial real estate
- 340,280 SF
- 7.80 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1003 Drakes Creek Rd
- Lot size
- 7.80 lot acres
- Property size
- 340,280 SF
- Property type
- Commercial real estate
Description
This exceptional 7.8-acre commercial property in Hendersonville, TN, boasts an impressive 340,280 square feet and offers unparalleled visibility and accessibility. Situated on a corner lot at the intersection of Drakes Creek Road and State Route 386 (Vietnam Vets Parkway), it benefits from over 800 feet of frontage on Drakes Creek Road and 450 feet on State Route 386. The property enjoys a prime location diagonally across from the Streets of Indian Lake, a thriving retail center, ensuring high traffic counts. Average daily traffic (ADT) exceeds 90,000 on State Route 386 and 15,000 on Drakes Creek Road, presenting a significant opportunity for businesses seeking high exposure. All utilities are conveniently located on-site. Furthermore, the City of Hendersonville's Land Use Map designates this area for retail development, making it ideally suited for a variety of commercial ventures. Significant infrastructure improvements are planned, including the widening of Drakes Creek Road to five lanes, commencing in 2025, with rights-of-way already acquired. The potential for a signalized traffic light at the State Route 386 exit directly onto the property further enhances its accessibility and visibility. This property represents a rare opportunity to acquire a strategically located, high-traffic commercial lot with significant future development potential. The asking price is $5,000,000.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hendersonville
- County
- Sumner County, TN
- State
- Tennessee
- Longitude
- -86.59426
- Latitude
- 36.33467
