Building Details

Year Built 1945

Listing Agency: Shular Realty

Listed By: Mary Presley · License #326550 Show Phone

Source: Shearonsellsteam

Added: Aug 25 Changed: Oct 8 Last Checked: Oct 7 at 3:20PM

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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 Shular Realty

Investment Insights

Based on property information with market context.

This commercial land offering at 7475 Highway 52 is zoned for retail, trade, or food use. The property is being sold as-is and includes dedicated parking, with four spaces positioned in front and additional parking at the rear.

Located in Orlinda, Tennessee, the site is just off I-65, providing commuter access from the surrounding area. Its Highway 52 address and commercial zoning establish a straightforward setting for a future retail, trade, or food-oriented property, subject to applicable approvals and site requirements.

Key Highlights

• Commercial lot zoned for retail, trade, or food use
• Dedicated parking included with four spaces in front
• Additional parking located at the rear

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$7,379

Cap Rate

4.47%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$147,580 $147.6K

Cap Rate 7%

$105,414 $105.4K

Cap Rate 9%

$81,989 $82.0K

Market Conditions

NOI Build-Up for 640 SF

Gross rent

$11.5K $18.00/SF

− Vacancy

−$979 −$1.53/SF

EGI

$10.5K $16.47/SF

− OpEx

−$3.2K −$4.94/SF

NOI

$7.4K $11.53/SF

Area

Robertson County, TN

Vacancy

8.50%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$147,580

Cap Rate 7%

$105,414

Cap Rate 9%

$81,989

Alternative Uses

Best Use

Retail

$105.4K

$92.2K – $123.0K (±1% cap)

NOI $7,379 @ 7.0% cap · market cap 4.47%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$187.6K

$164.2K – $218.9K (±1% cap)

NOI $13,133 @ 7.0% cap · market cap 7.96%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Restaurant Food Market Farmer's Market

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

46

Businesses Nearby

Explore this area Business Placement

Demographics for 37141, TN

1,186

Population

598

Households

2

Avg Household Size

38

Median Age

11%

College-Educated

90%

High-School Grad

20.3 sq mi

ZIP Area

58

Density / Sq Mi

$70,625

Median Household Income

$39,219

Median Earnings

$1,335

Median Rent

$236,300

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Commercial land - Zoned for retail, trade, or food use with dedicated parking.

Where is this commercial land located?

The property is located at 7475 Highway 52 Orlinda, TN.

What is the asking price?

The asking price for this property is $164,900.

What are key features of this property?

This property features: Commercial lot zoned for retail, trade, or food use; Dedicated parking included with four spaces in front; Additional parking located at the rear