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    311 Sam Ridley Pkwy Smyrna, TN 37167

    For Sale
    $3,200,000

    Prime 4-acre lot, I-2 zoning, high visibility.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 4-acre commercial lot, located at 311 Sam Ridley Pkwy in Smyrna, TN, presents a unique investment opportunity. Boasting an I-2 zoning designation, this property is ideally suited for a wide range of commercial ventures. Its strategic location on Sam Ridley Parkway ensures unparalleled visibility, with an estimated 124,000 vehicles passing daily. The proximity to the Nissan Plant further enhances its appeal, providing access to a substantial workforce and consumer base. The expansive 4-acre parcel offers ample space for development, allowing for flexibility in design and functionality. This high-traffic location guarantees significant exposure for any business, making it an attractive proposition for entrepreneurs and investors alike. The property's prime location and zoning make it a rare find in the thriving Smyrna market. Serious inquiries are encouraged to explore the potential of this exceptional commercial land. Don't miss this chance to secure a prominent position in a rapidly growing area.

    Property Features for 311 Sam Ridley Pkwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    174,240 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Five Guys Fast Food Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Smyrna
    County
    Rutherford County, TN
    State
    Tennessee
    Longitude
    -86.49561
    Latitude
    35.99679

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 4-acre lot, I-2 zoning, high visibility.
    Where is this commercial real estate located?
    The property is located at 311 Sam Ridley Pkwy Smyrna, TN.
    What is the asking price?
    The asking price for this property is $3,200,000.
    (615) 538-1100
    Request Owner's contact information
    311 Sam Ridley Pkwy Smyrna, TN 37167
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    311 Sam Ridley Pkwy Smyrna, TN 37167
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