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    Highway 41 Springfield, TN 37172

    Sponsored
    For Sale
    $994,000

    9.94 Acres, High Traffic, Hwy 41 N

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 9.94-acre commercial property presents a rare opportunity for development in Springfield, Tennessee. Strategically located on Highway 41 N, a busy four-lane state highway, this parcel boasts exceptional visibility and accessibility. The property is zoned Commercial Services, offering a wide range of potential uses. City services are readily available, simplifying the development process. The high traffic count ensures significant exposure for any business established here. Its advantageous location offers proximity to key areas, including Industrial Park North, just a short distance away. Furthermore, the property is conveniently situated only two miles from both the Springfield/Robertson County Airport and the courthouse square, providing easy access to transportation and civic amenities. This prime location, combined with its substantial acreage and favorable zoning, makes this property an ideal investment for businesses seeking a high-profile presence in a thriving community. The expansive land area allows for significant flexibility in development plans, catering to a variety of commercial ventures. Don't miss this chance to secure a prominent location in a rapidly growing area. Serious inquiries only.

    Property Features for Highway 41

    General Information

    Property type
    Other commercial real estate
    Lot Size
    432,986 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Springfield
    County
    Robertson County, TN
    State
    Tennessee
    Longitude
    -86.88379
    Latitude
    36.5221

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    FAQs

    What type of property is this?
    Commercial real estate - 9.94 Acres, High Traffic, Hwy 41 N
    Where is this commercial real estate located?
    The property is located at Highway 41 Springfield, TN.
    What is the asking price?
    The asking price for this property is $994,000.
    (615) 384-2424
    Request Owner's contact information
    Highway 41 Springfield, TN 37172
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    Springfield, TN 37172
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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
    Highway 41 Springfield, TN 37172
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