Property profile

2408 Dickerson Pike Nashville, TN 37207

FOR SALE
Gas stations
Property ID
US80-0470553
2,988 SF 2.22 ac lot Built 1950
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 10-acre commercial land assemblage presents a unique investment opportunity in Nashville, Tennessee. Located at 2408 and 2503 Dickerson Pike, this property boasts a CS (Commercial Service) zoning designation, offering significant redevelopment potential. The combined 10-acre parcel enjoys convenient interstate access and is strategically positioned near major thoroughfares, ensuring high visibility and accessibility. Its proximity to key landmarks such as the new Oracle headquarters and the Titans Stadium, coupled with its minutes-from-downtown location, underscores its exceptional value. This property is ideal for developers seeking to capitalize on Nashville's robust economic growth and burgeoning real estate market. A survey is available upon request. Both parcels must be purchased together. The asking price for this significant land holding is $11,000,000. This is a rare chance to acquire a substantial tract of land in one of the nation's fastest-growing cities.

Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1950
Total area 2,988 SF
Lot 2.22 ac (96,703 SF)
Zoning code CS
APN 071-03-0-051-00
UPID US80-0470553

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Auto Parts Store

Location

2408 Dickerson Pike Nashville, TN 37207
Nashville metro Census 11001 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$450k

Owner & transaction history

since 2023
Last sale
$500,000
4 recorded transactions
2023
Price N/A
2014
Price N/A
2013
Price N/A
2009
$500,000

Zoning & alternative use

CS · Nashville, TN
Zoning description

CS, Commercial Service District. The CS district is intended to provide opportunities for a diverse range of commercial uses that include retail trade and consumer services, automobile sales and repair, small scale custo…

General category COMMERCIAL

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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