119 Old Hickory Blvd, Madison, TN 37115-3932
This exceptional 5,000 square foot commercial property in Madison, Tennessee, presents a lucrative investment opportunity. Situated at 119 E Old Hickory Blvd, this prime location boasts high visibility and easy access. The building features a spacious 2,150 square foot retail area at the front, perfect for a variety of businesses. A rear loading door provides convenient access to the 2,600 square foot warehouse space, currently leased until April 30, 2025, generating a monthly income of $2,000. This consistent rental income stream offers immediate return on investment. The property sits on a 0.13-acre lot, providing ample space for operations and potential expansion. The central Madison location ensures high foot traffic and excellent visibility, making it an ideal space for a thriving business. This versatile property is suitable for a wide range of commercial uses, offering a blend of retail and warehouse space to meet diverse business needs. The combination of a strong rental income and prime location makes this a truly exceptional investment opportunity. The asking price is $650,000. Don't miss out on this chance to acquire a valuable asset in a rapidly growing market.
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
CS · Madison, TNMadison. Always verify with local authorities before improvements.
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.