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621 Old Hickory Blvd
Nashville, TN 37209
Asking Price
$2.60M
Asset Type
Land
Class
Class B
What's Special
Land | 2.7 acres <ul><li>2.698 Acres</li><li>PUD (88P-040) approved for commercial recreation (outdoor), restaurant with drive-thru, a hotel, and retail use</li><li>Sale Price: $2,600,000</li><li>AADT Traffic Counts:</li><li>±93,335 AADT on I-40</li><li>±20,175 AADT on Old Hickory Blvd</li><li>±13,157 AADT at the exit at Old Hickory Blvd</li><li>Located in a path of growth and transformation</li><li>The site is adjacent to a new townhome & apartment development and a new hotel is currently under constru
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NOI
$80,000
Cap Rate
3.08%
DSCR
0.52
Underwater
Cash-on-Cash
-9.53%
Monthly Payment
$12,863.381
Annual Cash Flow
$-74,360.577
