Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7631 Nolensville Rd Nolensville, TN 37135

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $17,955,000

    Sprawling farm property with pasture, woods, and potential development opportunities.

    Property size:
    1,864 SF
    Lot size:
    290.59 Acres

    Property Features for 7631 Nolensville Rd

    General Information

    Standard status
    Active
    Size
    1,864 SF
    Lot size
    290.59 Acres

    Building Details

    Year built
    1945

    We can help!

    Listing Contact
    Tom Mcarthur. Jr.
    Source: Corcoran

    Listing Agency: MCARTHUR SANDERS REAL ESTATE Listing Agent: Tom Mcarthur. Jr.

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

    Learn more

    Overview

    290-Acre Farm in Nolensville, TN

    Sherwood Acres Farm, located 2 miles south of Nolensville in Williamson County, Tennessee, encompasses over 290 acres. The property features approximately 841 feet of non-contiguous frontage on Nolensville Road (U.S. Hwy 31A-41A). Approximately 30 to 35 percent of the land is open pasture, with the remaining area consisting of moderately to densely populated woods. Two tributaries bisect the front (east) and west portions of the property, providing buffering and natural water sources for wildlife. A small farm pond is situated in the northeast quadrant, near a 40' x 60' "party barn" that could be incorporated into an amenity center. A private gravel drive extends from Nolensville Road, offering views of the majority of the property. A trail system meanders through the central wooded areas, creating walking trails for a planned community.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Law Firm Auto Repair Shop Storage Facility Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Nolensville
    County
    Williamson
    State
    Tennessee
    Longitude
    -86.66585
    Latitude
    35.90404

    Nearby Similar for Sale

    • Contact for pricing
      23,784 SF

      Newer Construction Office Building

      Modern, two-story office building in growing Nolensville market.
      7408 Tennessee Excavating Dr, Nolensville, TN 37135
      View Details
    • Contact for pricing

      Nolensville Industrial Property for Sale

      Industrial property available in Nolensville, Tennessee.
      7238 Haley Industrial Dr, Nolensville, TN 37135
      View Details
    • $625,000
      0.57 Acres

      Nolensville Commercial Land Opportunity

      Prime Nolensville location, high potential.
      King St, Nolensville, TN 37135
      View Details
    • $1,125,000
      768 SF

      Nolensville Mixed-Use Investment

      Prime Nolensville location, high growth area.
      7335 Nolensville Rd, Nolensville, TN 37135
      View Details
    • $5,000,000
      9.10 Acres

      Nolensville Road Commercial Land

      Prime 9.1-acre lot, ideal for development.
      Nolensville Rd, Nolensville, TN 37135
      View Details
    • $1,995,000
      5.27 Acres

      Nolensville Commercial Land Investment

      Prime 5.27-Acre Commercial Site
      7376 Nolensville Rd, Nolensville, TN 37135
      View Details

    FAQs

    What type of property is this?
    Farm - Sprawling farm property with pasture, woods, and potential development opportunities.
    Where is this farm located?
    The property is located at 7631 Nolensville Rd Nolensville, TN.
    What is the asking price?
    The asking price for this property is $17,955,000.
    What are key features of this property?
    This property features: - 290+ acre property in eastern Williamson County, TN; - Located just 2 miles south of Nolensville; - Mix of open pasture and wooded areas (30-35% pasture)
    (615) 370-4663
    Request Owner's contact information
    7631 Nolensville Rd Nolensville, TN 37135
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7631 Nolensville Rd
    Nolensville, TN 37135
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    7631 Nolensville Rd Nolensville, TN 37135
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Tom Mcarthur. Jr.
    (615) 370-4663 (615) 804-2661
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!