Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Vacant Land Parcel in Nolensville Title is generated by Realmo AI

    2622 Sanford Rd S, Nolensville, TN 37135

    View on Map
    Claim this Listing
    For Sale
    $560,000

    Two-acre vacant land parcel available in Nolensville, Tennessee.

    Type:Land or Vacant Lot
    Lot size:
    2.00 Acres
    Added:
    May 21, 2025
    Days on Market:
    381
    Last Refresh:
    Apr 6 at 12:16 am

    Property Features for 2622 Sanford Rd S

    General Information

    Standard status
    Active
    Lot size
    2.00 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    CARNELL SCRUGGS
    CARNELL SCRUGGS

    Listing agent CARNELL SCRUGGS License ##00024569

    Listing office GENESIS REAL ESTATE GROUP, LLC

    Listing date May 21, 2025

    Source Corcoran

    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 GENESIS REAL ESTATE GROUP, LLC

    HighLights

    • Two‑acre vacant land parcel in Nolensville, Tennessee.
    • Potential to be divided into up to three lots (subject to road frontage requirements).
    • Suited for builders, investors, or end‑users.
    • Located approximately 2.2 miles from Nolensville City Hall.
    • Rare land opportunity.
    • Adjacent to 2622 Sanford Rd.

    Overview

    This is a newly subdivided vacant 2-acre parcel of land that was formerly part of 2622 Sanford Rd in Nolensville, Tennessee. The map and parcel number for this tract is 058.88.01. The property is eligible to be divided into up to three lots, provided the road frontage meets the minimum requirement of 130 feet. This land offers opportunities for builders, investors, or end-users seeking land in Nolensville. The property is located approximately 2.2 miles south of Nolensville City Hall, off Nolensville Pike.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Building Supply Gym & Fitness Center Department Store Kitchen & Bath Showroom HVAC Service Garden Center Electrical Service Furniture & Home Goods Clothing & Fashion Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Nolensville
    County
    Williamson
    State
    Tennessee
    Longitude
    -86.6558
    Latitude
    35.9364

    Nearby Similar for Sale

    • $1,995,000

      Prime Land in Growing Corridor

      5.27 acres in high-growth area with development potential.
      7376 Nolensville Rd, Nolensville, TN 37135
      View Details
    • $4,626,000
      980 SF

      Nolensville Mixed-Use Development Opportunity

      Prime 11.08-acre mixed-use development site in Nolensville, Tennessee.
      9869 Clovercroft Rd, Nolensville, TN 37135
      View Details
    • $3,900,000
      15,600 SF

      Light Industrial Building with Crane

      Light industrial building with crane, truck dock, and roll-up doors.
      2009 Johnson Industrial Blvd, Nolensville, TN 37135
      View Details
    • $2,399,000
      1,948 SF

      Nolensville Road Mixed-Use Development Site

      2.18-acre site ideal for mixed-use development in Nolensville, TN.
      7357 Nolensville Rd, Nolensville, TN 37135
      View Details
    • $2,399,000

      Nolensville Road Mixed-Use Development Land

      2.18-acre mixed-use development opportunity in Nolensville, TN.
      7357 Nolensville Road, Nolensville, TN 37135
      View Details
    • $3,900,000

      Nolensville Commercial Land For Sale

      Commercial land available in Nolensville, Tennessee.
      2009 Johnson Industrial Blvd, Nolensville, TN 37135
      View Details
    • $440,000

      Wooded Acreage on Nolensville Road

      7 wooded acres with road frontage and utilities access.
      7569 Nolensville Rd, Nolensville, TN 37135
      View Details
    • $225,000

      Nolensville Land Parcel For Sale

      6.5 acre property near downtown Nolensville, suited for recreation.
      2837 Sanford Rd, Nolensville, TN 37135
      View Details
    • $2,490,000

      Nolensville Commercial Development Opportunity

      2.97-acre commercial lot in Nolensville's industrial corridor.
      2030 Johnson Industrial Blvd, Nolensville, TN 37135
      View Details
    • $2,950,000

      Nolensville Commercial/Industrial Land Opportunity

      Prime 11.87-acre land parcel in a rapidly growing area.
      7412 Tennessee Excavating Drive, Nolensville, TN 37135
      View Details
    • $440,000

      Wooded Acreage on Nolensville Road

      Seven acres of wooded land with road frontage.
      7569 Nolensville Road, Nolensville, TN 37135
      View Details
    • $1,300,000

      Land in Historic Nolensville, TN

      Land with flexible zoning near new developments in Nolensville.
      9918 Sam Donald Rd, Nolensville, TN 37135
      View Details

    FAQs

    What type of property is this?
    Commercial land - Two-acre vacant land parcel available in Nolensville, Tennessee.
    Where is this commercial land located?
    The property is located at 2622 Sanford Rd S Nolensville, TN.
    What is the asking price?
    The asking price for this property is $560,000.
    What are key features of this property?
    This property features: Two‑acre vacant land parcel in Nolensville, Tennessee.; Potential to be divided into up to three lots (subject to road frontage requirements).; Suited for builders, investors, or end‑users.
    (615) 567-5907
    We can help!
    Listing Contact
    CARNELL SCRUGGS
    CARNELL SCRUGGS
    Real Estate License ID: #00024569
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    2622 Sanford Rd S, Nolensville, TN 37135
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!