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    6307 N New Hope Rd Hermitage, TN 37076

    For Sale
    $1,199,000

    12+ acres in Hermitage with development and income potential.

    Property Features for 6307 N New Hope Rd

    General Information

    Standard status
    Active

    Source: SOUTHLAND REAL ESTATE Agent RYAN CLICK

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hermitage Land with Development Potential

    This property features over 12 acres in Hermitage, located a short distance from the airport and downtown Nashville. The land presents possibilities for various uses, including a mini-farm, event venue, business, rental income property, weekend getaway, bed and breakfast, or small development; these options require further exploration and due diligence. The land is private and characterized by varied terrain. A pond is located on the property. The sale includes two parcels and two homes. The farmhouse, constructed in 1900, has 1,552 square feet of space and a basement. The brick ranch home, built in 1965, contains 1,475 square feet. The homes are in relatively untouched condition considering their age. Access to the property is provided by two deeded easements, contributing to its secluded setting.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Law Firm Wholesale Shop Clothing Store Gym & Fitness Pharmacy Kitchen & Bath Accounting Firm Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Hermitage
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.5789381
    Latitude
    36.1861645

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    FAQs

    What type of property is this?
    Land - 12+ acres in Hermitage with development and income potential.
    Where is this land located?
    The property is located at 6307 N New Hope Rd Hermitage, TN.
    What is the asking price?
    The asking price for this property is $1,199,000.
    What are key features of this property?
    This property features: - 12+ acre property with development potential for a mini farm, event venue, business, rental income, etc.; - Two homes included: a 1,552 sq ft farmhouse (built in 1900) with a basement and a 1,475 sq ft brick ranch (built in 1965).; - Convenient location: Just 11 minutes from Nashville International Airport (BNA) and 19 minutes from downtown Nashville.
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    6307 N New Hope Rd Hermitage, TN 37076
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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
    6307 N New Hope Rd Hermitage, TN 37076
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