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Almost 67-Acre Development Opportunity
For Sale
$7,500,000

1 Tom Austin Hwy, Springfield, TN 37172

Almost 67-acre farm suitable for mixed-use or residential development.

Days on Market437

Property Features for 1 Tom Austin Hwy

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $3,003
Listing Agency: RE/MAX 1ST CHOICE
Listed By: DEMETRIA WHITE
Source: Corcoran
Added: May 20, 2025 Changed: Mar 16 Last Checked: Jul 4 at 3:42PM

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 RE/MAX 1ST CHOICE

Investment Insights

Based on property information with market context.

This almost 67-acre farm offers development opportunities and is located 5 miles from the Davidson County Line and less than 30 minutes from Downtown Nashville. The property, which the owner will divide, features road frontage on Tom Austin Highway and Old 431. The east side of Tom Austin Highway has 1,984 feet of frontage, while Old 431 has a total of 847 feet of frontage. The gently rolling pastures and views provide an ideal setting for a mixed-use development, residential subdivision, or private estate community. Sewer infrastructure access has been placed under the main highway to allow easy access in the future. According to TN Road Information, this location averaged 15,247 cars passing daily in 2024.

Key Highlights

  • Almost 67 acres of land suitable for mixed‑use development, residential subdivision, or private estate community.
  • Conveniently located less than 30 minutes from Downtown Nashville.
  • Road frontage on Tom Austin Hwy (1984') and Old 431 (847').

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Auto Repair Shop Garden Center Furniture & Home Goods Grocery & Convenience Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

510
Businesses Nearby

Demographics for 37172, TN

31,851
Population
12,253
Households
2.6
Avg Household Size
39
Median Age
19%
College-Educated
86%
High-School Grad
179.8 sq mi
ZIP Area
177
Density / Sq Mi
$71,103
Median Household Income
$40,879
Median Earnings
$1,132
Median Rent
$282,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Almost 67-acre farm suitable for mixed-use or residential development.
Where is this agricultural land / farmland located?
The property is located at 1 Tom Austin Hwy Springfield, TN.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Almost 67 acres of land suitable for mixed‑use development, residential subdivision, or private estate community.; Conveniently located less than 30 minutes from Downtown Nashville.; Road frontage on Tom Austin Hwy (1984') and Old 431 (847').
More about this property
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