1003 Drakes Creek Rd Hendersonville, TN ^$ 5,990,000

1003 Drakes Creek Rd

^$ 5,990,000

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1003 Drakes Creek Rd

Hendersonville, TN, 37075

^$ 5,990,000

Studio Baths0.0 Sq 349,786

Monthly Estimate*

^$ 41,842

1003 Drakes Creek Rd, Hendersonville, TN 37075 - Image 1

1003 Drakes Creek Rd, Hendersonville, TN 37075 - Image 2

1003 Drakes Creek Rd, Hendersonville, TN 37075 - Image 3

1003 Drakes Creek Rd, Hendersonville, TN 37075 - Image 4

1003 Drakes Creek Rd, Hendersonville, TN 37075 - Image 5

Studio

Commercial Property for sale in Hendersonville, TN

for $5,990,000. This 349,786 square foot building was built on a lot size of 8.03.

Drakes Creek Rd is scheduled to be widened to 5 lanes starting spring 2024 with middle turn lane. Possible traffic light onto property at State Route 386 exit. Over 1000 ft frontage on Drakes Creek Rd and 450 ft on State Route #386. All utilities are on site. Property is diagonally across expressway from Streets of Indian Lake. Excellent demographics and traffic count. ADT 90K+ on #386 and 15K on Drakes Creek .City addressing development North side of #386 with Land Use Map showing Retail.

Commercial Active

Price

^$ 5,990,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Unimproved Land

Lot Size

8.03

Town/City

Hendersonville

County/Region

Sumner

MLS | Web ID

2527088

Features

General

Zoning Commercial

Property SubType Unimproved Land

County Sumner County TN

Property Type Commercial Sale

Status Active

Directions Fr Nashville I-65 N to ( Exit #95) Vietnam Veterans Parkway. Take Vietnam Vets to Exit #7 (Indian Lake Rd & Drakes Creek Rd.) Turn left at light. Cross bridge. Property is on the left at NW corner fr

City Hendersonville

Waterfront Y/N N

Street Name Drakes Creek Rd

Days on Market 227

Building Area Units Square Feet

Standard Status Active

Total Actual Rent 0

Exterior

Total Parking 0

Lot Size Area 8.03

Building Area Total 349786

Lot Size Acres 8.03

Lot Size Units Acres

Lot Size Source Survey

Covered Spaces 0

Interior

Air Conditioning Y/N N

Heating Y/N N

Internal Only

Street Number 1 1003

* Excluded Features

List By

Mcpherson & Associates, Inc.

Broker

tomcpherson@gmail.com

Affordability Calculator

$41,842

Per Month

Monthly Principal & Interest: $41,842
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Hendersonville, TN

Average List Price ^$2,857,871

Percent of Sale Price 52%

About Hendersonville, TN

59,297 Population

40% Since 2002

^$64,499 Median Income

40.89 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

245588 Elementary School

245705 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/22/2023	$5,990,000	-25.13%	Price Down
5/18/2023	$8,000,000		Listed Price

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1003 Drakes Creek Rd, Hendersonville, TN, 37075 is a Commercial Property for sale at $5,990,000 with 349,786 sqft and a lot size of 8.03. 1003 Drakes Creek Rd is a studio with 0.0 baths. The property's zip code is 37075 which is in Hendersonville, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of RealTracs Solutions. Real estate listings held by firms other than Weichert Realtors are marked with the Internet Data Exchange logo or thumbnail logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/6/2024.

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1003 Drakes Creek Rd

Commercial Property for sale in Hendersonville, TN

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