3604 Hwy 48th N Charlotte, TN 37036-4810
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.
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Gene's Body Shop LLC Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.