Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    106 Cedar St Goodlettsville, TN 37072
    Property profile & analytics

    106 Cedar St Goodlettsville, TN 37072

    View on Map
    • Office properties & Spaces
    • 2,110 SF
    • 0.78 lot acres
    For Sale
    $700,000
    View Listing →
    Goodlettsville Office Building For Sale For Sale
    $700,000
    2,110 SF

    Goodlettsville Office Building For Sale

    Prime location, versatile space, high potential.

    106 Cedar St, Goodlettsville, TN 37072
    View Listing
    Property ID
    US80-3274477
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Enchanted Threads / Production Facility / Textile Manufacturer
    • The Pink Giraffe / (Bike/Boat/Book/etc) Store

    Property Details for 106 Cedar St

    Year built
    1938
    Lot size
    0.78 lot acres
    Property size
    2,110 SF
    Property type
    Office properties & Spaces

    Description

    This exceptional 2,110 square foot office/retail building is situated on a 0.78-acre corner lot in the heart of Goodlettsville, Tennessee. Its prime location offers unparalleled visibility and accessibility, nestled within a thriving commercial district. Nearby establishments include Goodlettsville City Hall, Walgreens, Regions Bank, and numerous food establishments, providing convenience for both employees and clients. The building's versatile space is adaptable to a wide range of business needs, whether it's a modern office environment or an inviting retail space. The interior features a blend of modern amenities and classic charm, including updated HVAC and restrooms, alongside original architectural details and hardwood floors. This property presents a significant investment opportunity, offering the potential for substantial returns through either owner-occupancy or leasing to other businesses. The building's size and location make it an ideal choice for businesses seeking a prominent presence in a bustling commercial area. The combination of modern functionality and historic character creates a unique and attractive space for any business. The 0.78-acre lot provides ample space for parking and potential future expansion. This is a rare opportunity to acquire a well-located and versatile commercial property in a growing Tennessee market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Goodlettsville
    County
    Davidson County, TN
    State
    Tennessee
    Longitude
    -86.71277
    Latitude
    36.32352

    Comparable in this City

    • Contact for pricing
      4,063 SF

      Commercial Building in Goodlettsville Heart

      Stand-alone commercial building in the heart of Goodlettsville.
      140 N Main St, Goodlettsville, TN 37072
      View Details
    • $975,000
      3,599 SF

      Commercial Property with Warehouse and Residence

      Commercial office, warehouse, and residential rental property near I-65.
      1063 Louisville Hwy, Goodlettsville, TN 37072
      View Details
    • $259,900
      1,344 SF

      Commercial Property on Louisville Highway

      Versatile commercial space with high visibility and residential grandfathering.
      1280B Louisville Hwy, Goodlettsville, TN 37072
      View Details
    • $2,400,000
      8,140 SF

      New Construction Flex/Industrial Space

      New construction flex/industrial space in high-traffic location.
      1126 Louisville Hwy, Goodlettsville, TN 37072
      View Details
    • Contact for pricing
      14,500 SF

      Goodlettsville Office Building For Sale

      14,500 SF office building with excellent connectivity and parking.
      400 Professional Park Dr, Goodlettsville, TN 37072
      View Details
    • $2,900,000
      10,710 SF

      Established Business with Commercial Property

      Profitable business with real estate, equipment, and long-term staff.
      201 Graves Rd, Goodlettsville, TN 37072
      View Details

    Similar Nearby for Sale

    • $975,000
      3,599 SF

      Commercial Property with Warehouse and Residence

      Commercial office, warehouse, and residential rental property near I-65.
      1063 Louisville Hwy, Goodlettsville, TN 37072
      View Details
    • $259,900
      1,344 SF

      Commercial Property on Louisville Highway

      Versatile commercial space with high visibility and residential grandfathering.
      1280B Louisville Hwy, Goodlettsville, TN 37072
      View Details
    • $2,400,000
      8,140 SF

      New Construction Flex/Industrial Space

      New construction flex/industrial space in high-traffic location.
      1126 Louisville Hwy, Goodlettsville, TN 37072
      View Details
    • $705,000

      Goodlettsville Mixed-Use Development Opportunity

      1.22-acre property with flexible development potential in Goodlettsville, TN.
      1332 Dickerson Rd, Goodlettsville, TN 37072
      View Details
    • $2,000,000
      12,377 SF

      Two-Story Brick Facility Near I-65

      Two-story mixed-use facility near I-65 in Goodlettsville, TN.
      121 East Ave, Goodlettsville, TN 37072
      View Details
    • Contact for pricing
      4,063 SF

      Commercial Building in Goodlettsville Heart

      Stand-alone commercial building in the heart of Goodlettsville.
      140 N Main St, Goodlettsville, TN 37072
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Space Available For Rent

      Office space available ranging from 8,081 to 16,162 SqFt.
      112 Long Hollow Pike, Goodlettsville, TN 37072
      View Details
    • Contact for pricing
      4,553 SF

      Rivergate Parkway Office Showroom Space

      Office showroom space for lease near Rivergate Mall.
      715 Rivergate Pkwy, Goodlettsville, TN 37072
      View Details
    • Contact for pricing

      Convenient Office Space Available

      Office space with private offices, conference room, and kitchen.
      405 Two Mile Pike, Goodlettsville, TN 37072
      View Details
    • $3,500 /Mo
      Pending

      Goodlettsville Commercial Space For Rent

      Commercial space available in Goodlettsville, Tennessee.
      214 N Main St, Goodlettsville, TN 37072
      View Details
    • Contact for pricing

      Music City Center Retail Space

      Retail and office spaces available in Goodlettsville, Tennessee.
      900 Conference Dr, Goodlettsville, TN 37072
      View Details
    • Contact for pricing
      1,120 SF

      Retail/Office Space Available Immediately

      Retail or office space featuring four offices, reception, and conference.
      102 Long Hollow Pike, Goodlettsville, TN 37072
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    106 Cedar St
    Goodlettsville, TN 37072
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    106 Cedar St, Goodlettsville, TN, 37072
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!