Property profile

119 Saundersville Rd Hendersonville, TN 37075

OFF-MARKET
Land
Property ID
US80-2918990
1.07 ac lot
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Property summary

AI-generated overview

This exceptional 1.07-acre commercial land parcel presents a remarkable development opportunity in Hendersonville, Tennessee's thriving Indian Lake retail district. Situated on Saundersville Road, the property boasts approximately 160 feet of frontage, ensuring high visibility and accessibility. The MXC-PD (Mixed Commercial, Planned Development) zoning allows for a wide range of commercial uses, making it ideal for investors seeking diverse development options. The location offers unparalleled convenience, being less than a quarter-mile from The Streets of Indian Lake, a bustling 275,000 square-foot community center attracting over 3.3 million visitors annually. This vibrant area is anchored by major retailers including Sam's Club, Walmart, Hobby Lobby, Marshall's, ALDI, Home Depot, Lowe's, Publix, and Kroger, ensuring a strong customer base and high traffic volume. Furthermore, the property benefits from its proximity to over 1,000 multifamily units within a one-mile radius, providing a substantial residential market. Excellent connectivity is provided by the nearby Vietnam Veterans Parkway, offering easy access to I-65 and beyond. Hendersonville's reputation as one of Nashville's most desirable communities further enhances the investment potential of this strategically located property. This is a rare opportunity to acquire a prime commercial site in a rapidly growing area with exceptional visibility and access to a large consumer base. The 37075 zip code ensures a desirable address for any commercial venture.

Property profile

Verified
Property type Land
Lot 1.07 ac (46,609 SF)
UPID US80-2918990

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

119 Saundersville Rd Hendersonville, TN 37075
Hendersonville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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