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    5824 New Nashville Hwy Smyrna, TN 37167

    For Sale
    $2,450,000

    High-traffic area, 8220 sq ft flex space.

    Property size:
    8,220 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    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 Features for 5824 New Nashville Hwy

    General Information

    Property type
    Investment properties
    Square Feet
    8,220 SF
    Lot Size
    21,780 SF

    Building Details

    Year Built
    2024
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Hotel & Motel

    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
    -86.4794
    Latitude
    35.9375

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    FAQs

    What type of property is this?
    Investment property - High-traffic area, 8220 sq ft flex space.
    Where is this investment property located?
    The property is located at 5824 New Nashville Hwy Smyrna, TN.
    What is the asking price?
    The asking price for this property is $2,450,000.
    (615) 425-3600
    Request Owner's contact information
    5824 New Nashville Hwy 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
    5824 New Nashville Hwy Smyrna, TN 37167
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