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1086 W Main Street
Hendersonville, TN 37075
Asking Price
$1.48M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 3.79 acres <ul><li>±3.79-acre vacant development site positioned along W Main Street / US-31E</li><li>Commercial zoning provides a near-term path for retail, service, QSR, and auto-oriented uses</li><li>Multifamily potential of approximately 52 units supported by Westlake Framework Plan guidance</li><li>±15 units per acre density guidance aligns with the site's size and corridor positioning</li><li>Public utilities available, including water, sewer, gas, and electric</li><li>Zone X / minimal flood ri
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NOI
$80,000
Cap Rate
5.42%
DSCR
0.91
Underwater
Cash-on-Cash
-1.71%
Monthly Payment
$7,297.495
Annual Cash Flow
$-7,569.943
