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    3438 Tom Austin Hwy Springfield, TN 37172

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    For Lease
    Contact for pricing

    Former dealership or outparcel opportunity for lease in Springfield.

    Property size:
    5,923 SF
    Lot size:
    3.22 Acres

    Property Features for 3438 Tom Austin Hwy

    General Information

    Size
    5,923 SF
    Lot size
    3.22 Acres

    Source: Southeast Venture / CORFAC International Agent Jon Petty

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

    Overview

    Retail Opportunity Available Summer 2026

    A former dealership is available for lease, presenting an opportunity for either the existing 13,527 square foot building with a car lot or a proposed 5,923 square foot outparcel building available for ground lease. The property is located on Tom Austin Hwy in Springfield, TN. The anticipated availability date is Summer 2026. The owner is open to various retail uses and is willing to consider repurposing the property. Additional land is available.
    Insight Report Location Intelligence

    Current Use by Public Records

    ALDI Supermarket

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Robertson
    State
    Tennessee
    Longitude
    -86.885799
    Latitude
    36.485236

    Nearby Similar for Lease

    • Contact for pricing
      11,000 SF

      Retail Space in Proposed Center

      Proposed retail spaces available in Springfield, Tennessee.
      3500 Tom Austin Hwy, Springfield, TN 37172
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    • Contact for pricing
      13,527 SF

      Former Dealership with Outparcel Opportunity

      Former dealership available for lease with outparcel opportunity.
      3450 Tom Austin Hwy, Springfield, TN 37172
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      Retail Space Near Walmart

      Retail space fronting Tom Austin Highway, near Walmart.
      3418 Tom Austin Hwy, Springfield, TN 37172
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    • $12 SF/Yr
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      Industrial Warehouse with Fenced Lot

      Freestanding industrial building with fully fenced lot for lease.
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      Retail Pad Site For Lease

      2,400 SF retail pad site available for ground lease.
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    FAQs

    What type of property is this?
    Specialty property - Former dealership or outparcel opportunity for lease in Springfield.
    Where is this specialty property located?
    The property is located at 3438 Tom Austin Hwy Springfield, TN.
    What are key features of this property?
    This property features: - High-visibility location suitable for retail with flexible repurposing options.; - Opportunity for ground lease of a new 5,923 SF building.; - Existing 13,527 SF building with car lot available.
    (615) 584-0787
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    3438 Tom Austin Hwy Springfield, TN 37172
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    Springfield, TN 37172
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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
    3438 Tom Austin Hwy Springfield, TN 37172
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