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    1996 Almaville Rd Smyrna, TN 37167

    Sponsored
    For Sale
    $2,250,000

    Prime Smyrna location, high traffic, investment opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1.94-acre commercial land parcel in Smyrna, Tennessee (37167), is offered for sale at $2,250,000. Located at 1996 Almaville Road, this property benefits from a newly constructed signalized intersection and high visibility due to its proximity to Interstate 24 (two-minute access). The Tennessee Department of Transportation reports approximately 21,038 vehicles per day (VPD, 2023 data) pass this location. The lot's size allows for subdivision to accommodate various business needs. Surrounding businesses include O'Reilly Auto Parts, Subway, Legends Steakhouse, Sonic, McDonald's, Anytime Fitness, Beck/Arnley Worldparts, and Federal Mogul warehouses. A large church development is planned nearby, further enhancing traffic and visibility. The area features a mix of residential, retail, and industrial activity, making it ideal for businesses catering to local residents and commuters. This property presents a strong investment opportunity given its location, accessibility, and the ongoing growth of Smyrna. The land is ready for development and offers significant potential for retail, quick-service restaurants, or other community-oriented businesses.

    Property Features for 1996 Almaville Rd

    General Information

    Property type
    Land
    Lot Size
    84,506 SF
    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 Auto Repair Shop Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Smyrna
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.536516288463
    Latitude
    35.925301561689

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    FAQs

    What type of property is this?
    Land - Prime Smyrna location, high traffic, investment opportunity.
    Where is this land located?
    The property is located at 1996 Almaville Rd Smyrna, TN.
    What is the asking price?
    The asking price for this property is $2,250,000.
    (615) 618-1172
    Request Owner's contact information
    1996 Almaville 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
    1996 Almaville Rd Smyrna, TN 37167
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