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    5937 Elementary Way Collegedale, TN 37363

    For Sale
    Contact for pricing

    Prime Collegedale location, high visibility, near major retailers.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial land parcel, located at 5937 Elementary Way in Collegedale, Tennessee, presents a unique investment opportunity. The property is conveniently situated in a rapidly growing area of Hamilton County, boasting excellent visibility and accessibility. Designated as pad-ready, this site offers significant advantages for immediate development, with existing groundwater and utilities already in place, saving considerable time and expense. The location is highly desirable, adjacent to a cluster of established businesses including Aldi, Walmart, Erlanger Express Care, Jersey Mike's Subs, and Smoothie King, ensuring high traffic and customer visibility. Its proximity to Lee Highway further enhances its strategic position. Furthermore, the property benefits from its close proximity to Interstate 75, approximately half a mile away, providing easy access to regional transportation networks. The site is also directly across from newly constructed Class A apartments and medical offices, creating a vibrant and thriving commercial environment. The surrounding area is experiencing significant growth, fueled by new home construction and new retail development, making this a particularly attractive investment opportunity in a high-demand market. The zip code is 37363. This property offers a compelling combination of location, infrastructure, and market dynamics, making it ideal for a variety of commercial ventures.

    Property Features for 5937 Elementary Way

    General Information

    Property type
    Land

    HighLights

    • High‑demand market fueled by new home and retail construction.
    • Excellent visibility and adjacency to Aldi, Walmart, Erlanger Express Care, Jersey Mike's, and Smoothie King, with Lee Highway frontage.
    • Half‑mile proximity to I‑75.
    • Across from new Class A apartments and medical offices.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Collegedale
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.0603546
    Latitude
    35.0816579

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    FAQs

    What type of property is this?
    Land - Prime Collegedale location, high visibility, near major retailers.
    Where is this land located?
    The property is located at 5937 Elementary Way Collegedale, TN.
    What are key features of this property?
    This property features: High-demand market fueled by new home and retail construction.; Excellent visibility and adjacency to Aldi, Walmart, Erlanger Express Care, Jersey Mike's, and Smoothie King, with Lee Highway frontage.; Half-mile proximity to I-75.
    (615) 493-9223
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    5937 Elementary Way Collegedale, TN 37363
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    Collegedale, TN 37363
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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
    5937 Elementary Way Collegedale, TN 37363
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