Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    715 Rivergate Pkwy Goodlettsville, TN 37072

    • Showrooms
    • 4,553 SF
    • 0.79 lot acres
    For Lease
    View listing
    $7,500 /Mo
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-0951920
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Just Trucks / Auto Parts Store / (Bike/Boat/Book/etc) Store

    Property Details for 715 Rivergate Pkwy

    Year built
    1980
    Lot size
    0.79 lot acres
    Property size
    4,553 SF
    Zone code
    6ZZ
    Property type
    Showrooms
    APN
    026-13-0-026-00
    APU
    2613002600

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,335,000
      6.5%
      $1,235,000
      7%
      $1,145,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,201,000
      Market price range: $281k - $1.20M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,300,000
      Current use
      RETAIL STORES
      $1,930,000
      Change: +48% Conversion: Easy
      MEDICAL BUILDING
      $1,285,000
      Change: -1% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,160,000
      Change: -11% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Goodlettsville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.7032
    Latitude
    36.3047
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,642
    $206,480
    $89,280
    $295,760
    -
    $516,200
    $223,200
    $739,400

    Comparable in this City

    • Value Estimation by Request
      2,240 SF

      798 Rivergate Pkwy

      SHOW ROOM, WAREHOUSE • 2,240 SF
      798 Rivergate Pkwy, Goodlettsville, TN 37072-2321
      View Details
    • Value Estimation
      $585,000
      2,560 SF

      924 Rivergate Pkwy

      SHOW ROOM, WAREHOUSE • 2,560 SF
      924 Rivergate Pkwy, Goodlettsville, TN 37072-2323
      View Details
    • Value Estimation
      $4,835,000
      19,551 SF

      880 Conference Dr

      SHOW ROOM, WAREHOUSE • 19,551 SF
      880 Conference Dr, Goodlettsville, TN 37072-1902
      View Details
    • Value Estimation
      $3,530,000
      7,998 SF

      920 Rivergate Pkwy

      SHOW ROOM, WAREHOUSE • 7,998 SF
      920 Rivergate Pkwy, Goodlettsville, TN 37072-2323
      View Details
    • Value Estimation by Request
      3,213 SF

      1756 Hwy 41st S

      GROCERY, SUPERMARKET • 3,213 SF
      1756 Hwy 41st S, Goodlettsville, TN 37072
      View Details
    • Value Estimation
      $1,955,000
      384 SF

      1301 Dickerson Rd

      CONVENIENCE STORE (W/FUEL PUMP) • 384 SF
      1301 Dickerson Rd, Goodlettsville, TN 37072-2804
      View Details

    Similar Nearby for Sale

    • $1,400,000

      Land Opportunity for Car Wash

      Entitled, shovel-ready site for express car wash development.
      155 Long Hollow Pike, Goodlettsville, TN 37072
      View Details
    • $600,000
      2.20 Acres

      Prime Commercial Land, Goodlettsville

      2.2 Acres, $600,000, I-65 Access
      1042 Louisville Hwy, Goodlettsville, TN 37072
      View Details
    • $1,300,000
      6.50 Acres

      Goodlettsville Commercial Land - 6.5 Acres

      Prime TN Commercial Land, I-65 Access
      1500 Louisville Hwy, Goodlettsville, TN 37072
      View Details
    • $2,900,000

      Prime Goodlettsville Land - 10 Acres

      10.25 acres, commercial/residential potential, near Nashville.
      2111 Meadow Ln, Goodlettsville, TN 37072
      View Details
    • $5,900,000

      Rivergate Executive Park Investment Opportunity

      Commercial property featuring retail and office spaces near Nashville.
      907 Rivergate Pkwy, Goodlettsville, TN 37072
      View Details
    • Contact for pricing
      1.00 Acre

      Prime Clarksville Commercial Land

      1-16 Acres, I-24 Visibility
      0 Trenton Rd & Tiny Town Rd, Clarksville, TN 37072
      View Details

    Similar Nearby for Lease

    • $7,500 /Mo
      4,553 SF

      Rivergate Parkway Office Showroom Space

      Office showroom space for lease near Rivergate Mall.
      715 Rivergate Pkwy, Goodlettsville, TN 37072
      View Details
    • Contact for pricing
      10,000 SF

      Retail/Office Space Near I-65

      1,120 SF retail or office space available immediately.
      403 Long Hollow Pike, Goodlettsville, TN 37072
      View Details
    • Contact for pricing
      2,983 SF

      Retail/F&B Space Available

      Retail or F&B space available immediately for rent.
      401-403 Long Hollow Pike, Goodlettsville, TN 37072
      View Details
    • Contact for pricing
      496 SF

      Retail Space Near RiverGate Mall

      Retail space available near RiverGate Mall, Goodlettsville, Tennessee.
      1000 Rivergate Pkwy, Goodlettsville, TN 37072
      View Details
    • Contact for pricing
      3,035 SF

      Retail Space in Goodlettsville

      Retail property available for lease in Goodlettsville, Tennessee.
      912 Conference Dr, Goodlettsville, TN 37072
      View Details
    • Contact for pricing
      1,120 SF

      Retail/Office Space Available Immediately

      Retail or office space featuring four offices, reception, and conference.
      102 Long Hollow Pike, Goodlettsville, TN 37072
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    715 Rivergate Pkwy
    Goodlettsville, TN 37072
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.