Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Development Opportunity Near Century Farms Title is generated by Realmo AI

    701 Preston Rd, Antioch, TN 37013

    View on Map
    Claim this Listing
    For Sale
    $1,375,000

    2.7-acre corner tract near Century Farms development.

    Type:Land or Vacant Lot
    Lot size:
    2.70 Acres
    Added:
    Jan 28, 2026
    Days on Market:
    127
    Last Refresh:
    Apr 5 at 9:38 pm

    Property Features for 701 Preston Rd

    General Information

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

    We can help!

    Listing Contact
    TOMMY DABBS

    Listing agent TOMMY DABBS License #297133

    Listing office DABBS REALTY GROUP

    Listing date Jan 28, 2026

    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 DABBS REALTY GROUP

    HighLights

    • Prime 2.7‑acre corner lot directly across from Century Farms.
    • Exceptional visibility with approximately 575 feet of combined road frontage.
    • Strong accessibility and exposure due to close proximity to I‑24.
    • Rapid commercial and residential expansion in the surrounding area.
    • Opportunity to assemble a larger development footprint with adjoining acreage available.
    • Ideal for a wide range of potential future uses.

    Overview

    This is an approximately 2.7-acre corner tract located at 701 Preston Rd, Antioch, TN. The property offers an estimated 575 feet of combined road frontage along Preston Rd and Cane Ridge Rd, providing exceptional visibility. It is situated directly across from the Century Farms development, a mixed-use project featuring Tanger Outlets, Community Health Systems, Nashville SC headquarters, hotels, apartments, restaurants, and additional commercial spaces. The site's proximity to I-24 enhances its accessibility and exposure. The surrounding area is experiencing rapid commercial and residential expansion. Adjoining acreage is available, offering the opportunity to assemble a larger development footprint. The zoning is to be determined, allowing for a range of potential future uses. There is a home on the property that will not be shown at this time. Please schedule a showing appointment before walking the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Antioch
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.6604
    Latitude
    36.0355

    Nearby Similar for Sale

    • $1,350,000

      Antioch Land Development Opportunity

      9.52 acres in Antioch, Tennessee, suitable for development.
      4414 Maxwell Rd, Antioch, TN 37013
      View Details
    • $1,250,000

      Antioch Land for Commercial Development

      3.68 acres in high-growth Southeast Nashville corridor.
      5130 Mount View Rd, Antioch, TN 37013
      View Details
    • $650,000

      Development Property with Rezoning Potential

      Level 4-acre lot near Heritage Landing development.
      4291 Maxwell Rd, Antioch, TN 37013
      View Details
    • $959,000

      Prime Development Opportunity Near I-24

      6.8-acre development opportunity near I-24 and Antioch area.
      5065 Mount View Rd, Antioch, TN 37013
      View Details
    • $1,999,900

      Land with Development Potential

      Land with road frontage, rental income, and development potential.
      433 Old Hickory Blvd, Antioch, TN 37013
      View Details
    • $1,000,000

      Updated Duplex on Two Acres

      Non-conforming duplex with future development potential and strong rental income.
      4258 Maxwell Rd, Antioch, TN 37013
      View Details
    • $102,900

      Prime Building Lot Near Airport

      Undeveloped commercial land near Tanger Outlets and Nashville Airport.
      4927 Ottenville Ave, Antioch, TN 37013
      View Details
    • $650,000
      2,340 SF

      Remodeled Live-Work Space in Antioch

      Versatile remodeled live-work space in a rapidly growing area.
      821 Westcott Ln, Antioch, TN 37013
      View Details
    • $85,000

      Land Near Schools and Shopping

      Land suitable for future development near schools and shopping.
      5068 Chadfield Way, Antioch, TN 37013
      View Details
    • $1,385,000

      3.1 Acre Development Opportunity

      3.1 acre lot with frontage on Preston Rd.
      717 Preston Road, Antioch, TN 37013
      View Details
    • $85,000

      Land Near Schools and Shopping

      Land ideal for future development near schools and shopping.
      5064 Chadfield Way, Antioch, TN 37013
      View Details
    • $90,000

      Land Near Schools and Shopping

      Land ideal for future development near schools and shopping.
      5068 Chadfield Way, Antioch, TN 37013
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.7-acre corner tract near Century Farms development.
    Where is this commercial land located?
    The property is located at 701 Preston Rd Antioch, TN.
    What is the asking price?
    The asking price for this property is $1,375,000.
    What are key features of this property?
    This property features: Prime 2.7‑acre corner lot directly across from Century Farms.; Exceptional visibility with approximately 575 feet of combined road frontage.; Strong accessibility and exposure due to close proximity to I‑24.
    (615) 933-5189
    We can help!
    Listing Contact
    TOMMY DABBS
    Real Estate License ID: 297133
    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
    701 Preston Rd, Antioch, TN 37013
    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!