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    3418 Tom Austin Hwy Springfield, TN 37172

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    For Lease
    Contact for pricing

    Retail space fronting Tom Austin Highway, near Walmart.

    Property size:
    5,066 SF
    Lot size:
    1.51 Acres

    Property Features for 3418 Tom Austin Hwy

    General Information

    Size
    5,066 SF
    Lot size
    1.51 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 Space Near Walmart

    This retail space offers an ideal location between a Panda Express, which is currently under construction, and a Walmart. It is strategically positioned fronting Tom Austin Highway, which sees a traffic count of 16,806 cars per day. The property is also located across from the new Shops at Mooreland retail development. The property offers a total size of 5066 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    El Alteño Mexican Restaurant

    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

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    FAQs

    What type of property is this?
    Retail space - Retail space fronting Tom Austin Highway, near Walmart.
    Where is this retail space located?
    The property is located at 3418 Tom Austin Hwy Springfield, TN.
    What are key features of this property?
    This property features: - Ideal location fronting Tom Austin Highway (16,806 CPD); - Location between Panda Express (under construction) and WalMart; - Across from the new Shops at Mooreland retail development
    (615) 584-0787
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    3418 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
    3418 Tom Austin Hwy Springfield, TN 37172
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