Property profile

711 Rivergate Pkwy Goodlettsville, TN 37072

OFF-MARKET
Grocery and convenience stores
Property ID
US80-0902516
1,798 SF 0.85 ac lot Built 1972
Individually Owned 14-yr Hold Free & Clear
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Property summary

AI-generated overview

711 Rivergate Parkway in Goodlettsville, Tennessee presents a compelling investment opportunity for prospective gas station owners. This substantial property, encompassing 1,653 square feet on a 0.85-acre lot, is strategically positioned near a major highway, ensuring high visibility and convenient access for customers. The property currently features eight operational fuel pumps, ready for immediate use. Its location within a zone slated for redevelopment offers significant long-term growth potential, capitalizing on the anticipated increase in traffic and consumer activity. The asking price for this turnkey gas station operation is $2,300,000. Given the existing infrastructure, prime location, and the promise of future development, this property represents a rare chance to acquire a well-established business in a rapidly evolving market. The substantial lot size also allows for potential expansion or the addition of complementary businesses, further enhancing the investment's return. This is an exceptional opportunity to establish a thriving enterprise in a dynamic and growing area of Goodlettsville. Serious inquiries are encouraged.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1972
Total area 1,798 SF
Lot 0.85 ac (37,026 SF)
Zoning code 6ZZ
APN 026-13-0-023-00
UPID US80-0902516

Cap rate & NOI

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

Location

711 Rivergate Pkwy Goodlettsville, TN 37072-2315
Goodlettsville metro Census 10303 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$440k

Owner & transaction history

since 2012
4 recorded transactions
2012
Price N/A
2005
$700,000
1997
$400,001
1989
$630,000

Zoning & alternative use

6ZZ · Goodlettsville, TN

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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