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Property profile & analytics
FOR SALE
Auto shops

124 Walton Ferry Rd Hendersonville, TN 37075

2,400 SF 0.13 ac lot Built 1965
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US80-1244437
124 Walton Ferry Rd, Hendersonville, TN 37075 For Sale
$1,820,000 2,400 SF
124 Walton Ferry Rd, Hendersonville, TN 37075
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Property summary
AI-generated overview

This exceptional 1.5-acre commercial property, located at 124 Walton Ferry Rd in Hendersonville, TN, presents a unique investment opportunity. The site is comprised of five separate parcels, each available for individual purchase (pricing available upon request). Boasting a total area of 2,400 square feet, this property is ideally situated in the Dockside Neighborhood District, benefiting from high visibility and significant traffic volume. Walton Ferry Road sees an impressive 12,170 vehicles daily, ensuring maximum exposure for any commercial venture. The flexible zoning allows for a variety of development possibilities, making this an attractive option for businesses seeking a prominent location with excellent accessibility. The individual parcel sales provide flexibility for investors looking to acquire a smaller footprint or for multiple buyers seeking synergistic development opportunities. This prime location offers unparalleled potential for growth and return on investment in a thriving Hendersonville community. Serious inquiries are encouraged to explore the individual parcel pricing and development possibilities further. The property's strategic location and high traffic count make it an exceptional opportunity for commercial development.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1965
Total area 2,400 SF
Lot 0.13 ac (5,664 SF)
Zoning code TC-C
APN 083163D C 00500
UPID US80-1244437
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
$7.88M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.63M
Owner & transaction history
Wre Hendersonville LLC · 4 yrs held
Wre Hendersonville LLC
since 2022
Last sale
$7.4M
5 recorded transactions
2022
$7.4M
2021
$685,000
2000
Price N/A
1999
Price N/A
1999
Price N/A
Zoning & alternative use
TC-C · Hendersonville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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