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Property profile & analytics
OFF-MARKET
Auto shops

3604 Hwy 48th N Charlotte, TN 37036-4810

5,775 SF 0.36 ac lot Built 1988
Individually Owned 11-yr Hold Free & Clear
Property ID
US80-1678590
Property summary
AI-generated overview

This exceptional commercial property, located at 3604 Highway 48 N in Charlotte, Tennessee, presents a unique investment opportunity. Boasting 3,780 square feet on a 0.3-acre lot, this property enjoys a highly desirable location with 196 feet of road frontage on a major thoroughfare. The building features a substantial separate office area complete with its own restroom, providing ample space for administrative functions or a separate tenant. A six-bay garage offers significant storage or workshop capabilities, adding to the property's versatility. The property's prime location on Highway 48 ensures high visibility and accessibility, benefiting from consistent through-traffic from Clarksville, Ashland City, Dickson, and Nashville. Its proximity to the city center, restaurants, the historic court square, the new justice center, and a grocery store enhances its appeal and potential for various business ventures. Furthermore, there's a possibility of acquiring additional adjacent land to create a full city block, as shown in the accompanying photographs, presenting an opportunity for significant expansion. This family-owned property, held since the early 1970s, offers a rare chance to own a well-established commercial space in a thriving Tennessee town. The asking price is $1,200,000.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1988
Total area 5,775 SF
Lot 0.36 ac (15,682 SF)
APN 065E C 01100
UPID US80-1678590
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
Current use
Occupant on record · Public records
  • Gene's Body Shop LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Fred E Miller · 11 yrs held
Fred E Miller
since 2014
1 recorded transaction
2014
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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