Goodlettsville, TN Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Goodlettsville, Tennessee Market population: 17K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Goodlettsville TN Properties: 0.8000%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Goodlettsville TN
Common questions from investors exploring commercial real estate in Goodlettsville TN.
What's the overall investment potential of Goodlettsville, TN?
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With a median household income of $63,419 and a relatively low poverty rate of 8.1%, Goodlettsville presents a stable investment market, further strengthened by its high health insurance coverage of 95.1% and a diverse economy led by Health Care & Social Assistance, Retail Trade, and Manufacturing, suggesting a robust demand for housing.
How does the commute time and transportation infrastructure impact rental yields?
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The average commute time of 30.4 minutes, with 87.2% of residents driving alone and 4.5% working from home, indicates a relatively convenient and flexible transportation infrastructure, which, combined with the high health insurance rate of 95.1%, suggests a stable and attractive environment for renters, potentially leading to higher rental yields.
What role does ethnic diversity play in the local real estate market?
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Goodlettsville's ethnic diversity, with 83.8% White, 10.3% Black or African American, and 3.4% Asian, contributes to a vibrant community, and when considered alongside the top industries like Health Care & Social Assistance and Manufacturing, it suggests a dynamic market with a variety of housing needs, potentially offering opportunities for investors to cater to different demographic groups.
How do poverty rates and employment statistics influence tenant quality and market stability?
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The poverty rate of 8.1%, combined with an employed population of 9,199 and a high health insurance coverage rate of 95.1%, indicates a working-class market with employment stability, suggesting that tenants are likely to have a steady income and be able to afford rent, which is a positive indicator for investors looking for stable rental income.
What insights can be gleaned from the city's homeownership rate and property values for real estate investment?
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With a homeownership rate of 74.2% and a median property value of $233,400, Goodlettsville presents an opportunity for investors to capitalize on a market where there is a strong preference for owning homes, and the relatively high median property value suggests potential for appreciation over time, especially when considering the city's diverse economy and low poverty rate.
Goodlettsville TN Real Estate & City Facts
Key facts and real estate information about Goodlettsville TN.
What are some of the best neighborhoods to live in Goodlettsville?
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Some of the best neighborhoods to live in Goodlettsville include Ridgetop, Greenbrier, Roscoe Place, and Shackle Island West. These neighborhoods offer a peaceful and family-friendly environment, with beautiful natural surroundings and a quieter rhythm of life.
What are some fun things to do in Goodlettsville?
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Goodlettsville offers a variety of fun things to do, including visiting the Rare Bird Antique Mall, Historic Mansker's Station, and Goodlettsville Antique Mall. The city also hosts many free events throughout the year, such as the Kid's Zone, which features games and inflatables. Additionally, you can explore the outdoors at one of the many parks in the area.
What is the food scene like in Goodlettsville?
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The food scene in Goodlettsville is diverse and exciting, with a range of restaurants serving different cuisines. Some popular restaurants include Liz's Kitchen, Lagniappe Bayou Kitchen, and Chef's Market Cafe & Takeaway. You can also find authentic coffee shops like Authentic Coffee Co, and enjoy a healthy smoothie or a flavorful cup of coffee.
What are the pros and cons of living in Goodlettsville?
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The pros of living in Goodlettsville include its peaceful and family-friendly environment, beautiful natural surroundings, and a quieter rhythm of life. However, some cons include the limited number of job opportunities and a lower median household income compared to other areas in the Nashville metropolitan area. Additionally, traffic and commute times can be a challenge, especially during rush hour.
Is Goodlettsville a good place to live?
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Goodlettsville is a great place to live for those who value a peaceful and family-friendly environment, with easy access to outdoor activities and a range of community events. While it may not be the best fit for everyone, especially those looking for a more urban lifestyle or higher-paying job opportunities, Goodlettsville offers a unique blend of small-town charm and big-city amenities that make it an attractive option for many people.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Goodlettsville TN Commercial Property: $63,419
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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