Warehouse
For Sale
Contact for pricing
8020 Safari Drive, Smyrna, TN 37167
A 5,100-square-foot warehouse is located near I-24 and Almaville Road.
Property Size5,100 SF
Price / SF$1.39
Days on Market30
Property Features for 8020 Safari Drive
General Information
Standard status
Active
Size
5,100 SF
Property subtype
Warehouse
Additional Details
Highway Access
Yes
Listing Agency:
Swanson Realty, LLC
(615) 848-2012
Listed By:
Tammy Martin · License #386210
(615) 210-0000
Source:
Movehomenashville
Added: Oct 1
Changed: Oct 29
Last Checked: Oct 29 at 2:40PM
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 Swanson Realty, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This warehouse property contains 5,100 square feet. It is located near I-24 and Almaville Road, providing access to those routes.
Key Highlights
- 5,100‑square‑foot warehouse
- Near I‑24 and Almaville Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,956
Suggested Prices Based on Cap Rates
Cap Rate 5%
$819,120
$819.1K
Cap Rate 7%
$585,086
$585.1K
Cap Rate 9%
$455,067
$455.1K
Market Conditions
NOI Build-Up for 5,100 SF
Gross rent
$49.7K $9.75/SF
− Vacancy
−$1.5K −$0.30/SF
EGI
$48.2K $9.45/SF
− OpEx
−$7.2K −$1.42/SF
NOI
$41.0K $8.03/SF
Area
Rutherford County, TN
Vacancy
3.10%
Lease Rate
$9.75 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$819,120
Cap Rate 7%
$585,086
Cap Rate 9%
$455,067
Alternative Uses
Best Use
Warehouse
$585.1K
$512.0K – $682.6K
NOI $40,956 @ 7.0% cap · market cap 577.33%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.76M
$1.54M – $2.06M
NOI $123,379 @ 7.0% cap · market cap 1,739.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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 Industrial in South region
Similar Off Market Nearby
- L P Field Container Co — 1800 Midway Ln, Smyrna, TN 37167
Frequently Asked Questions
What type of property is this?
Warehouse - A 5,100-square-foot warehouse is located near I-24 and Almaville Road.
Where is this warehouse located?
The property is located at 8020 Safari Drive Smyrna, TN.
What are key features of this property?
This property features: 5,100‑square‑foot warehouse; Near I‑24 and Almaville Road
