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    374 Rock Springs Rd Smyrna, TN 37167

    For Sale
    $1,600,000

    3.97 Acres, Residential Zoning, High Growth Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 3.97-acre property located at 374 Rock Springs Rd, Smyrna, TN 37167, presents a compelling investment opportunity. Currently zoned residential, this land offers significant potential for commercial development, particularly given its strategic location adjacent to existing medical office spaces and the StoneCrest Medical Center in Rutherford County. The property boasts easy access to I-24, providing convenient connectivity to both downtown Nashville (approximately 30 minutes away) and Murfreesboro (roughly 10 minutes away). The area is well-served by amenities, dining, and shopping options. The property's suitability for medical office development is further enhanced by the presence of a new Goddard School under construction next door. Sewer extension is feasible via an existing easement. The asking price is $1,600,000, and the APN is 13124.7101. This location offers high visibility and accessibility, making it an ideal site for a variety of commercial ventures. The property's size and location make it a rare find in this rapidly developing area. Consider the potential for significant return on investment in this thriving community.

    Property Features for 374 Rock Springs Rd

    General Information

    Property type
    Land
    Lot Size
    172,933 SF

    HighLights

    • $1,600,000 asking price.
    • 3.97‑acre land parcel.
    • Currently residentially zoned, with potential for commercial rezoning.
    • Located in Smyrna, TN, at 374 Rock Springs Rd (APN 13124.7101).
    • Excellent location near StoneCrest Medical Center and I‑24, with easy access to Murfreesboro and Nashville.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Smyrna
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.558895299553
    Latitude
    35.973751587771

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    FAQs

    What type of property is this?
    Land - 3.97 Acres, Residential Zoning, High Growth Area
    Where is this land located?
    The property is located at 374 Rock Springs Rd Smyrna, TN.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: $1,600,000 asking price.; 3.97-acre land parcel.; Currently residentially zoned, with potential for commercial rezoning.
    Request Owner's contact information
    374 Rock Springs Rd Smyrna, TN 37167
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    Smyrna, TN 37167
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    Realmo Value Estimation

    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.

    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.

    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
    374 Rock Springs Rd Smyrna, TN 37167
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