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    1161 Murfreesboro Pike Nashville, TN 37217

    Sponsored
    For Lease
    Contact for pricing

    Prime 1-Acre Retail Site, High Traffic

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1-acre retail ground lease opportunity in Nashville's Airport submarket, located at 1161 Murfreesboro Pike, offers high visibility and significant daily traffic exceeding 23,723 vehicles (per TDOT). Situated in a rapidly growing area with dense residential neighborhoods and strong daytime population, this property is zoned CS and boasts 43,560 square feet of land. The site is ideally suited for various retail concepts, including drive-thru and quick-service restaurants, offering flexible design options to accommodate diverse parking and operational needs. Its strategic location on Murfreesboro Pike, a major thoroughfare, ensures easy accessibility from major intersections and public transit. The surrounding area features a strong mix of national and regional tenants, reflecting Nashville's robust economy and rising consumer demand. This presents an unparalleled chance to establish a retail presence in a premier location, capitalizing on the area's surging growth and pro-business environment. The property can accommodate building sizes ranging from 1,000 to 10,000 square feet, making it suitable for a variety of retail businesses. This is a single-tenant ground lease in Davidson County, Tennessee, zip code 37217.

    Property Features for 1161 Murfreesboro Pike

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF

    Unit(s) available at that property

    Space
    Size
    10,000 SF

    HighLights

    • Build‑to‑suit opportunity on a ground lease at 1161 Murfreesboro Pike, Nashville, TN, offering flexible design for retail, restaurant, or service businesses.
    • Layout options include single or multi‑tenant configurations for optimal space planning.
    • High‑quality construction featuring energy‑efficient systems and customer‑friendly amenities.
    • High‑traffic location with excellent accessibility for strong brand visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Massage Institute ... Massage Therapist Accelerated Learning Center Nursing School Harmony Insurance Agency Insurance Company Nats Inc Educational Institution Law Office of Melissa ... Immigration Attorney

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.707040468614
    Latitude
    36.123213908812

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    FAQs

    What type of property is this?
    Land - Prime 1-Acre Retail Site, High Traffic
    Where is this land located?
    The property is located at 1161 Murfreesboro Pike Nashville, TN.
    What are key features of this property?
    This property features: Build-to-suit opportunity on a ground lease at 1161 Murfreesboro Pike, Nashville, TN, offering flexible design for retail, restaurant, or service businesses.; Layout options include single or multi-tenant configurations for optimal space planning.; High-quality construction featuring energy-efficient systems and customer-friendly amenities.
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    1161 Murfreesboro Pike Nashville, TN 37217
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    Nashville, TN 37217
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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
    1161 Murfreesboro Pike Nashville, TN 37217
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