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Property profile

Highway 41 Springfield, TN 37172

OFF-MARKET
Commercial real estate
2.09 ac lot
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Property summary

AI-generated overview

This exceptional 2.09-acre commercial property presents a unique investment opportunity in Springfield, Tennessee. Strategically located on Highway 41 N, a busy four-lane state highway, this lot boasts exceptional visibility and accessibility. Its Commercial Services zoning allows for a wide range of development possibilities, catering to businesses seeking high traffic exposure. City services are readily available, simplifying the development process and reducing infrastructure costs. The property benefits from its proximity to key areas, including the Industrial Park North, just a short distance away, offering potential synergy with existing businesses. Furthermore, its location is only two miles from both the Springfield/Robertson County Airport and the courthouse square, providing convenient access for employees, clients, and visitors. This prime location, combined with its substantial size and favorable zoning, makes this property an ideal choice for developers and investors seeking a high-impact commercial venture in a thriving Tennessee community. The high traffic count ensures significant exposure for any business established on this land, making it a compelling investment with strong potential for return. Don't miss this chance to secure a prominent location in a rapidly growing area.

Property profile

Verified
Property type Commercial real estate
Lot 2.09 ac (91,040 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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