Property summary
This exceptional investment opportunity presents a 2,990 square foot restaurant building situated on a 0.57-acre lot in Nashville, Tennessee. Located at 3037 Dickerson Pike, the property boasts 100 feet of road frontage, ensuring high visibility and accessibility. Built in 1979, this single-story building features 37 parking spaces and is currently 100% occupied by a restaurant operating under a month-to-month lease. The property is zoned for Commercial Services and benefits from its location in a thriving commercial hub, surrounded by popular fast-food chains, retail stores, banks, churches, and multi-family residential units. The asking price is $1,500,000, and the lease type is NNN. This presents a strong owner-user or investment opportunity due to the high traffic location and current tenancy. The property's address is 3037 Dickerson Pike, Nashville, TN 37207, with APN 060-08-0-076.00. This is a single-tenant property with significant potential for growth and return on investment.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CS · Nashville, TNCS, 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CS in Nashville, TN.
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