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Property profile

Highway 41 Springfield, TN 37172

OFF-MARKET
Commercial real estate
1.79 ac lot
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Property summary

AI-generated overview

This exceptional 1.79-acre commercial property presents a remarkable investment opportunity in Springfield, Tennessee. Strategically located on Highway 41 N, a busy four-lane state highway, this parcel boasts exceptional visibility and accessibility. The property's Commercial Services zoning allows for a wide range of development possibilities, catering to businesses seeking high traffic exposure. City services are readily available, simplifying infrastructure connections and streamlining the development process. The location offers significant advantages, with proximity to key areas including Industrial Park North, enhancing the potential for synergistic business relationships. Furthermore, its convenient location, just two miles from both the Springfield/Robertson County Airport and the courthouse square, provides easy access for employees, clients, and customers. This prime location, combined with the substantial acreage and favorable zoning, makes this property an ideal choice for businesses seeking a prominent presence in a thriving community. The high traffic count ensures maximum visibility and potential for attracting a large customer base. This is a rare opportunity to acquire a well-situated commercial lot with significant growth potential in a rapidly developing area. Don't miss this chance to secure a piece of Springfield's commercial landscape.

Property profile

Verified
Property type Commercial real estate
Lot 1.79 ac (77,972 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Highway 41 Springfield, TN 37172
Springfield metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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