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Two-Building Office and School Property
For Sale
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Pending

403 Smyrna Square Dr, Smyrna, TN 37167

Two on-site buildings were previously used as offices and a school, and each building can support multiple tenants.

Property Size4,080 SF
Days on Market148

Property Features for 403 Smyrna Square Dr

General Information

Standard status Pending
Size 4,080 SF
Property subtype Office
Listing Agency: Compass RE
Listed By: Becky Groves · License #343823
Source: Crexi
Added: Apr 11 Changed: Aug 22 Last Checked: Aug 31 at 10:11PM

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 Compass RE

Investment Insights

Based on property information with market context.

Located at 403 Smyrna Square Dr in Smyrna, TN, this property includes two separate buildings. The buildings were previously used as offices and a school by the owner, and the seller notes the configuration can allow for two tenants per building if you’re looking to lease.

The site sits right off the main street and is in a mixed-use area, surrounded by retail and restaurants. The listing states the property is easy to show, and the seller indicates zoning changes may be possible if needed.

No tenants are currently in place. If you’re considering an owner-occupant setup, multi-tenant use, or a school-to-office reconfiguration, this two-building layout provides flexibility to match your requirements.

Key Highlights

  • Two on‑site buildings previously used as offices and a school
  • Each building is 2,040 SF, for a total of 4,080 SF across both buildings
  • Mixed‑use area; property used for business/office/school purposes and can be reimagined

Property Analytics

Current Use

Kennis Institute of Health ... Home Health Care Service Alcolicos Anonimos REGRESO ... Charitable Organization BARBERIA LOS PANAS Barber Shop

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Law Firm Electrical Service Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

693
Businesses Nearby

Demographics for 37167, TN

61,731
Population
23,694
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
90%
High-School Grad
55.0 sq mi
ZIP Area
1,122
Density / Sq Mi
$79,720
Median Household Income
$42,705
Median Earnings
$1,359
Median Rent
$330,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two on-site buildings were previously used as offices and a school, and each building can support multiple tenants.
Where is this office building located?
The property is located at 403 Smyrna Square Dr Smyrna, TN.
What are key features of this property?
This property features: Two on‑site buildings previously used as offices and a school; Each building is 2,040 SF, for a total of 4,080 SF across both buildings; Mixed‑use area; property used for business/office/school purposes and can be reimagined
More about this property
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