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    1399 Highway 96 Fairview, TN 37062

    For Sale
    $1,400,000

    Prime Commercial Land Near I-40

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 25.87-acre commercially zoned property presents a significant investment opportunity in Fairview, Tennessee. Strategically located near the intersection of Interstate 40 and Highway 96 in Williamson County, this site boasts unparalleled accessibility and visibility. The property is zoned Commercial General by the Fairview City Planning and Zoning department, allowing for a wide range of potential uses. Ideal for automotive parking, retail services, outdoor material and equipment sales/repair, medical facilities, self-storage, or warehousing, this expansive parcel offers substantial development potential. Further uses, subject to supplemental approvals, include multi-family residential, religious facilities, healthcare services, and veterinary clinics. A detailed list of permitted uses can be found in the Fairview zoning ordinance. The property is bank-owned and priced below appraised value, representing a compelling opportunity for investors seeking a high-return investment in a rapidly growing area. This location offers easy access to major transportation arteries, ensuring high traffic volume and excellent exposure for any commercial venture. Don't miss this chance to acquire a substantial piece of prime commercial real estate in a thriving market. The asking price is $1,400,000.

    Property Features for 1399 Highway 96

    General Information

    Property type
    Other commercial real estate
    Lot Size
    1,126,897 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Hotel & Motel Storage Facility Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fairview
    County
    Williamson County, TN
    State
    Tennessee
    Longitude
    -87.17069
    Latitude
    36.02445

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Commercial Land Near I-40
    Where is this commercial real estate located?
    The property is located at 1399 Highway 96 Fairview, TN.
    What is the asking price?
    The asking price for this property is $1,400,000.
    (615) 614-3700
    Request Owner's contact information
    1399 Highway 96 Fairview, TN 37062
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    Fairview, TN 37062
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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
    1399 Highway 96 Fairview, TN 37062
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