Technical
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Property profile

Highway 41 Springfield, TN 37172

OFF-MARKET
Commercial real estate
2.08 ac lot
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Property summary

AI-generated overview

This exceptional 2.08-acre commercial property presents a unique investment opportunity in Springfield, Tennessee. Strategically located on Highway 41 N, a busy four-lane state highway, this parcel boasts high visibility and significant traffic counts. Its Commercial Services zoning allows for a wide range of development possibilities, catering to businesses seeking a prominent location with excellent accessibility. City services are readily available, simplifying infrastructure connections and reducing development complexities. The property's advantageous position offers easy access to key regional assets. It's situated within close proximity to the Industrial Park North, providing convenient access to a substantial workforce and industrial activity. Furthermore, its location just two miles from both the Springfield/Robertson County Airport and the courthouse square ensures convenient access for both local and regional clientele. This prime commercial land offers unparalleled potential for businesses seeking a high-traffic, well-connected location in a thriving Tennessee community. The expansive acreage provides ample space for a variety of commercial ventures, making it an ideal investment for developers and entrepreneurs alike. Don't miss this chance to secure a prominent position on a major thoroughfare in a rapidly growing area.

Property profile

Verified
Property type Commercial real estate
Lot 2.08 ac (90,605 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Highway 41 Springfield, TN 37172
Springfield metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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