Versatile Land Near Interstate
For Sale
Contact for pricing
Drag Strip Rd, Fairview, TN 37062
61.72 acres near Nashville with multi-use zoning.
Property SizeContact for details
Lot Size61.72 Acres
Days on Market781
Property Features for Drag Strip Rd
General Information
Standard status
Active
Lot size
61.72 Acres
Property subtype
Land
Zoning
RM-20, IG, CI
Listing Agency:
Synergy Realty Network
(615) 587-0639
Listed By:
Brandon Butler · License #TN 382013
Source:
Crexi
Added: Jun 19, 2024
Changed: Aug 8
Last Checked: Aug 8 at 11:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Synergy Realty Network
Investment Insights
Based on property information with market context.
This 61.72-acre property is located directly off Exit 182 on Interstate 40, approximately 25 miles from downtown Nashville. The site offers three distinct zoning classifications across two parcels, accommodating diverse development possibilities. A 21.5-acre section is zoned RM-20 for multi-family residential use, allowing up to 20 units per acre, suitable for a high-density residential project. An additional 38.97 acres are zoned for general industrial use, making it ideal for warehouses, manufacturing plants, and distribution centers. The remaining 1.25 acres are zoned for commercial interchange, positioned for a convenience center, hotel, or other commercial enterprises benefiting from high visibility and accessibility from the interstate. The property benefits from a high-visibility viewpoint from Interstate 40 and convenient access to Interstate 840. The Annual Average Daily Traffic on I-40 at this location was 43,407 in 2023.
Key Highlights
- Prime location directly off I‑40 (Exit 182) with high visibility and excellent traffic exposure.
- Versatile zoning features three distinct classifications across two parcels, catering to diverse development options.
- Significant acreage spans 61.72 acres, providing ample space for large‑scale development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 37062, TN
12,710
Population
4,962
Households
2.6
Avg Household Size
39
Median Age
36%
College-Educated
94%
High-School Grad
69.2 sq mi
ZIP Area
184
Density / Sq Mi
$87,598
Median Household Income
$50,140
Median Earnings
$1,302
Median Rent
$344,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial land - 61.72 acres near Nashville with multi-use zoning.
Where is this industrial land located?
The property is located at Drag Strip Rd Fairview, TN.
What is the asking price?
The asking price for this property is $12,800,000.
What are key features of this property?
This property features: Prime location directly off I‑40 (Exit 182) with high visibility and excellent traffic exposure.; Versatile zoning features three distinct classifications across two parcels, catering to diverse development options.; Significant acreage spans 61.72 acres, providing ample space for large‑scale development.
