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    995 Elliston Way Thompson's Station, TN 37179

    Sponsored
    For Sale
    $2,200,000

    1.43 Acres, Graded Pad, Retail Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 1.43-acre commercial land parcel presents a remarkable investment opportunity in the thriving Thompson's Station, Tennessee market. Located at 995 Elliston Way, this property boasts a highly desirable graded pad site, ready for immediate development. Its strategic location at the entrance to Tollgate Village ensures high visibility and accessibility, placing your business in the heart of a bustling community. The property is zoned for retail use, making it ideal for a variety of commercial ventures. Its proximity to the fast-growing Spring Hill area further enhances its potential for significant return on investment. The site is conveniently situated directly across from Independence High School and just two blocks from Interstate 840, providing unparalleled convenience and exposure to a large customer base. The asking price is $2,200,000. This is a rare chance to acquire a prime commercial lot in one of Williamson County's most sought-after locations. Don't miss this opportunity to establish your business in a thriving and rapidly expanding area. The property's address is 995 Elliston Way, Thompson's Station, TN 37179.

    Property Features for 995 Elliston Way

    General Information

    Property type
    Land
    Lot Size
    62,291 SF

    HighLights

    • 1.43‑acre lot.
    • $1,950,000 asking price.
    • Prime Spring Hill location.
    • High visibility; adjacent to Independence High School and Tollgate Village.
    • Two blocks from I‑840.
    • Graded pad, retail zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Thompson's Station
    County
    Williamson
    State
    Tennessee
    Longitude
    -86.8841304
    Latitude
    35.8282237

    Nearby Comparable

    • $2,200,000

      Land Close to Spring Hill

      1.43 acre lot near Spring Hill and I-840.
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      Williamson County Mixed-Use Property

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      Thompson's Station Private Retreat

      54-acre estate with custom home, music studio, and guest cottage.
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      20.84 Acres

      Franklin Mixed-Use Land

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      20 acres for multifamily and Class A office development.
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    FAQs

    What type of property is this?
    Land - 1.43 Acres, Graded Pad, Retail Zoning
    Where is this land located?
    The property is located at 995 Elliston Way Thompson's Station, TN.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: 1.43-acre lot.; $1,950,000 asking price.; Prime Spring Hill location.
    (615) 234-4934
    Request Owner's contact information
    995 Elliston Way Thompson's Station, TN 37179
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    Thompson's Station, TN 37179
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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
    995 Elliston Way Thompson's Station, TN 37179
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