1129 Louisville Hwy Goodlettsville, TN 37072-3610
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.