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    5824 New Nashville Hwy, Smyrna, TN 37167

    8,220 SF 0.5 ac lot Built 2024
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8,220 square foot Class A flex space building is strategically located on New Nashville Highway, a high-traffic thoroughfare averaging approximately 50,000 vehicles per day, situated between Smyrna and Murfreesboro. Its convenient location offers easy access to Interstate 840, approximately one mile away. The building boasts a versatile layout, including 6,100 square feet of warehouse space, ideal for storage or manufacturing, 1,000 square feet of retail/showroom space perfect for showcasing products or services, and 1,016 square feet of upstairs office space providing a professional workspace. Currently approximately 80% complete, the building is offered for sale "as is," presenting a unique opportunity for buyers to customize the remaining build-out to their specific needs. The seller is also open to lease or lease-purchase options. Furthermore, the seller is willing to invest an additional $500,000 to complete the building within 90-120 days, allowing for significant customization based on the buyer's requirements, with the added cost incorporated into the closing price. This property represents a compelling investment opportunity in a thriving commercial corridor. The half-acre lot provides ample space for expansion or future development.

    Property profile
    Verified
    Property type Investment properties
    Year built 2024
    Total area 8,220 SF
    Lot 0.5 ac (21,780 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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