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Property profile & analytics

Highway 41 Springfield, TN 37172

  • Commercial real estate
  • 17.04 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for Highway 41

Lot size
17.04 lot acres
Property type
Commercial real estate

Description

This exceptional 17.04-acre commercial tract presents a remarkable investment opportunity in Springfield, Tennessee. Strategically positioned at the southeast corner of Highway 41 North and Wallace Road, this property boasts significant road frontage: approximately 794 feet along Highway 41 North and approximately 1,654 feet along Wallace Road. The depth of the land is approximately 323 feet, offering ample space for development. The site features generally level topography, simplifying construction and site planning. Utilities are readily available, with existing electricity, water, and sewer connections already in place. This is a significant advantage, reducing development costs and timelines. The property's zoning designation is CG (Commercial District) by the City of Springfield, allowing for a wide range of commercial uses. Given its high visibility location at a major intersection, this property is ideally suited for a variety of commercial ventures, from retail and restaurants to office buildings and light industrial uses. The substantial acreage and convenient access make this a truly exceptional opportunity for developers and investors seeking a prime location in a growing market. Don't miss this chance to acquire a highly desirable commercial property in a thriving area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Springfield
County
Robertson County, TN
State
Tennessee
Longitude
-86.8838
Latitude
36.5221
More about this property
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