61.72 Acres Near
For Sale
$12,800,000
0 Drag Strip Rd, Fairview, TN 37062
Versatile land with multi-family, industrial, and commercial zoning.
Property SizeContact for details
Lot Size61.72 Acres
Days on Market791
Property Features for 0 Drag Strip Rd
General Information
Standard status
Active
Lot size
61.72 Acres
Property subtype
Other
Amenities
3
Listing Agency:
Synergy Realty Network, LLC
(615) 371-2424
Listed By:
Brandon Butler · License #382013
Source:
Xome
Added: Jun 9, 2024
Changed: Aug 8
Last Checked: Aug 8 at 11:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Synergy Realty Network, LLC
Investment Insights
Based on property information with market context.
This 61.72-acre property is located off Exit 182 on Interstate 40, approximately 25 miles from downtown Nashville. The land is zoned in three distinct sections. A 21.5-acre portion is zoned RM-20 for multi-family residential use, permitting up to 20 units per acre. Another 38.97 acres are zoned industrial general, suitable for warehouses, manufacturing facilities, and distribution centers. The remaining 1.25 acres are zoned commercial interchange, making it suitable for a convenience center, hotel, or other commercial enterprise. The property benefits from high visibility from I-40 and easy access to Interstate 840. The average daily traffic on I-40 in 2023 was 43,407 vehicles. This location is suitable for multi-family, convenience center, hotel, or industrial development. There is a recent TDOT project approval with the City of Fairview for lighting improvements at interchange exits.
Key Highlights
- 61.72‑acre property with three zonings.
- Prime location off I‑40 (Exit 182), 25 miles from Nashville.
- High visibility from I‑40 with 43,407 average daily traffic.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 37062, TN
12,710
Population
4,962
Households
2.6
Avg Household Size
39
Median Age
36%
College-Educated
94%
High-School Grad
69.2 sq mi
ZIP Area
184
Density / Sq Mi
$87,598
Median Household Income
$50,140
Median Earnings
$1,302
Median Rent
$344,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Versatile land with multi-family, industrial, and commercial zoning.
Where is this land located?
The property is located at 0 Drag Strip Rd Fairview, TN.
What is the asking price?
The asking price for this property is $12,800,000.
What are key features of this property?
This property features: 61.72‑acre property with three zonings.; Prime location off I‑40 (Exit 182), 25 miles from Nashville.; High visibility from I‑40 with 43,407 average daily traffic.
