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    Medical Park Smyrna, TN 37167

    Sponsored
    For Sale
    $535,000

    Prime Medical Center location, C-2 zoned.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial land offering presents a unique investment opportunity in Smyrna, Tennessee. Situated near StoneCrest Medical Center, this property boasts convenient access to I-24 at Exit 66 and Sam Ridley Parkway, ensuring high visibility and accessibility. The available lots offer varying sizes, with Lot 1 encompassing 0.89 acres priced at $535,000 and Lot 4 comprising 1.21 acres listed at $745,000. Both parcels are zoned C-2 Commercial, allowing for a wide range of development possibilities. All utilities are readily available, simplifying the construction process. The strategic location, coupled with the high demand for commercial space in this thriving area, makes this an attractive proposition for investors seeking strong returns. The property's proximity to a major medical center further enhances its appeal, attracting businesses catering to medical professionals and patients. Lots 5, 6, 7, and 8 are currently sold, demonstrating the high demand for this location. This is a rare opportunity to acquire a well-positioned commercial land parcel in a rapidly growing market. The property is located in Rutherford County, Tennessee, with a 37167 zip code. The address is listed as Medical Pk, Smyrna, TN.

    Property Features for 0 Medical Park

    General Information

    Property type
    Land
    Lot Size
    38,768 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Smyrna
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.55882791
    Latitude
    35.97378683

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    FAQs

    What type of property is this?
    Land - Prime Medical Center location, C-2 zoned.
    Where is this land located?
    The property is located at Medical Park Smyrna, TN.
    What is the asking price?
    The asking price for this property is $535,000.
    (615) 234-5020
    Request Owner's contact information
    Medical Park 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
    Medical Park Smyrna, TN 37167
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