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    Property profile & analytics
    OFF-MARKET Estimated value $1,100,000
    Individual retail properties

    923 Dickerson Pike, Nashville, TN 37207-5402

    1,647 SF 0.17 ac lot Built 1954
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US80-1487265
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Individual retail properties
    Use group LAUNDROMAT (SELF-SERVICE)
    Year built 1954
    Total area 1,647 SF
    Lot 0.17 ac (7,405 SF)
    Zoning code MULTI-ZONE
    APN 082-02-0-062-00
    UPID US80-1487265
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.10M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.10M
    Owner & transaction history
    Lmk Holdings LLC · 1 yrs held
    Lmk Holdings LLC
    since 2024
    Last sale
    $1.1M
    3 recorded transactions
    2024
    $1.1M
    2016
    2016
    Zoning & alternative use
    MULTI-ZONE · Nashville, TN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $1.0M +94.1%
    Retail stores $760,000 +48.1%
    Commercial (general) $760,000 +47.6%
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