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Investment Highlights

  • Located near huge 1200 home Lennar at Carellton residential development.
  • Lots of regional population with an up-tapped retail market.

Executive Summary

Commercial Property on high-traffic highway 386 known as “Oxford Square” located at the termination point of Hwy 386 Bypass (aka Vietnam Veterans Parkway) where it merges into Long Hollow Pike in Gallatin TN at a Lighted intersection. With land Frontage on 2 streets. Near huge 1200 home Lennar at Carellton residential development. New Shell gas station on the Northeast Corner.
Great for Regional or Neighborhood RETAIL development site. Potential Dentist office, Insurance office, Grocery anchored development, Medical Clinic, Day Care, Hotel, Restaurants, Hotels, etc.
PREVIOUSLY SOLD:
Lot #A was SOLD to TriStar gas station.
15 Acres Residential in the back was SOLD for townhomes and is NOW under construction.
Commercial SITES AVAILABLE FOR SALE:
Planned for 1+ Acre outparcels but can be combined up to 12 acres commercial.
Outlots fronting along Vietnam Veterans Parkway-Hwy 386 (front potion zoned commercial) as shown on Masterplan SEE ATTACHED REVISED PLAN with PARCEL (LOT) NUMBERS.
ASKING PRICES (negotiable):
$1,000,000 for the corner 1.25 acre East Outparcel on the corner (or $800,000 per acre);
$ 750,000 for the 1.25 acre West Outparcel (or $600,000 per acre adjacent to corner);
$400,000 per acre for any portion of the 8.10 acres (minimum 2.5 acres);
and $400,000 per acre for any portion of the 5.60 acres behind the gas station (minimum 1 acre).
- Owner would also sell the entire 10 acre parcel for $5,500,000 or individual lots price described above.
2021 Traffic Counts:
Vietnam Veterans (Hwy386) - 43,441 ADT
Long Hollow Pike - 12,915 ADT
Lots of regional residential population growth, new road extension, with an up-tapped retail market.
Here is a link to the New adjacent Residential Development known as Oxford Station on Youtube: https://youtu.be/xyetfdlCvPo

Attachments

Brochure

Property Facts

Price $5,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 14.70 AC
No. Stories 1
Zoning Agr

1 Lot Available

Lot land 2

Price $5,500,000
Price Per AC $374,149.66
Lot Size 14.70 AC

Description

1095 Long Hollow Pike is conveniently located at the termination point of Hwy 386 Bypass (Vietnam Veterans Parkway) where it merges into Long Hollow Pike in Gallatin, TN. There is a lighted intersection and frontage on two streets. This is great for a regional or neighborhood retail development site. The Property will create a 4-way intersection and extension of new road south of Long Hollow Pike and development of a new Shell gas station on the Northeast Corner.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
125-017.02
Land Assessment
$47,050
Improvements Assessment
$0
Total Assessment
$47,050
  • Listing ID: 3912453

  • Date on Market: 2/5/2016

  • Last Updated:

  • Address: 1095 Long Hollow Pike, Gallatin, TN 37066

Contact the Sale Advisor

1095 Long Hollow Pike - Retail Outlots-Gallatin TN at Signal

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