923 Dickerson Pike, Nashville, TN 37207-5402
This exceptional 1,674 square foot retail property, situated on a 0.17-acre lot at 923 Dickerson Pike in Nashville, TN, presents a unique investment opportunity. Currently zoned for retail use, the property boasts a prime location within Nashville's rapidly developing River North neighborhood. A demolition permit is already secured, allowing for immediate redevelopment according to your vision. Alternatively, the existing structure offers potential for rehabilitation. The property's strategic location places it in close proximity to thriving businesses, including Fancypants (directly adjacent), Cherries (one block away), and benefits from the recent HCA land acquisition up the street. This underscores the significant growth and investment occurring in the immediate vicinity. Previous plans for the site included a substantial 4,500 square foot, two-story office building, showcasing the property's development potential. This presents a rare chance to capitalize on the escalating demand for commercial space in this highly sought-after area of Nashville. The asking price is $1,700,000. This property is ideal for investors seeking a high-return opportunity in a dynamic and rapidly appreciating market. The existing demolition permit streamlines the development process, minimizing delays and maximizing potential returns. Don't miss this chance to secure a piece of Nashville's vibrant future.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MULTI-ZONE · Nashville, TNNashville. Always verify with local authorities before improvements.
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.