1402 Dickerson Pike Nashville, TN 37207
- Warehouses
- 9,082 SF
- 0.87 lot acres
Current Use by Public Records
- Warehouses
Property Details for 1402 Dickerson Pike
- Year built
- 1971
- Lot size
- 0.87 lot acres
- Property size
- 9,082 SF
- Zone code
- CS
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 071-11-0-009-00
- APU
- 7111000900
Description
This exceptional industrial property, located at 1402 Dickerson Pike in Davidson County, offers a significant investment opportunity. The property comprises two buildings totaling approximately 17,490 square feet. Building A features a substantial 14,610 square foot warehouse space complemented by 4,390 square feet of office area and eight drive-in doors. The landlord is committed to upgrading the drive-in door clearance height to 14 feet, enhancing operational efficiency. Building B, a 2,880 square foot warehouse, is situated at the rear of the property. Access to the property is convenient, with two ingress/egress points via Dickerson Pike and Elmhurst. The entire site is fully fenced and secured, providing peace of mind. The property boasts approximately two acres of land and benefits from its close proximity to downtown. The property is currently available as a single-tenant occupancy. This is a rare opportunity to acquire a well-located, versatile industrial property with significant potential for growth and return on investment. The property's features, including ample warehouse space, office area, and convenient access, make it an ideal choice for a variety of businesses. The planned improvements to the drive-in doors further enhance the property's appeal.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,135,000
- ML approach
- $2,190,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,405,000
- 6.5%
- $1,295,000
- 7%
- $1,205,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,344,000
Market price range: $913k - $3.99M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $2,255,000 Current use
- MEDICAL BUILDING
- $3,170,000 Change: +40% Conversion: Difficult
- OFFICE BUILDING
- $2,650,000 Change: +17% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $2,235,000 Change: -1% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Longitude
- -86.7719
- Latitude
- 36.1977
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
