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Property profile & analytics
OFF-MARKET Estimated value $635,000
Retail space

1129 Louisville Hwy Goodlettsville, TN 37072-3610

12,760 SF 7.2 ac lot Built 1995
Entity Owned 8-yr Hold Free & Clear
Property ID
US80-1594377
Property summary
AI-generated overview

This exceptional 17.68-acre retail property presents a significant investment opportunity in the thriving Goodlettsville, TN market. Located at 1129 Louisville Highway, this expansive site boasts a substantial 12,000-square-foot former supermarket building, offering immense potential for redevelopment or repurposing. The property benefits from a highly visible location on a major thoroughfare (31W), enjoying an impressive daily traffic count exceeding 10,000 vehicles. With over 55 parking spaces available, ample customer convenience is ensured. The extensive road frontage of 580 feet along 31W provides exceptional visibility and accessibility. The property's size and location make it ideal for a variety of retail uses, offering significant potential for growth and return on investment. This offering includes the former Save-A-Lot building and the entire 17.68-acre parcel. Note that a separate listing (MLS#2625742) exists for a building on a 7-acre portion of this land. This presents a unique opportunity to acquire a substantial retail property in a high-traffic area with significant development potential. The property's size and location in Goodlettsville, TN, offer a compelling investment opportunity for discerning buyers. Serious inquiries are encouraged to explore the possibilities of this remarkable retail site.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1995
Construction FRAME
Total area 12,760 SF
Lot 7.2 ac (313,632 SF)
APN 083140 01702
UPID US80-1594377
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$500k
Blend (final) Blend
$635k
Owner & transaction history
Ana Props LLC · 8 yrs held
Ana Props LLC
since 2018
6 recorded transactions
2018
$875,000
2015
Price N/A
2007
$71,000
1994
$50,000
1993
$23,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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