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    -85.828924° Broad St Smithville, TN 37166

    For Sale
    $850,000

    Prime 1.16-acre commercial lot near Walmart.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.16-acre commercial land parcel presents a compelling investment opportunity in Smithville, Tennessee. Strategically located on West Broad Street in DeKalb County, zip code 37166, this property enjoys a highly desirable location adjacent to a Walmart store. The property's Commercial zoning allows for a wide range of development possibilities, making it suitable for various commercial ventures. With a substantial lot size, this outparcel offers ample space for construction and development. The property benefits from significant traffic volume, boasting an impressive daily traffic count of 12,090 vehicles, ensuring high visibility and accessibility for any business established here. This translates to exceptional potential for attracting customers and maximizing business exposure. The property is currently owned by Stecoah Ira LLC and is offered at an asking price of $850,000. Given its prime location, substantial size, and high traffic count, this property represents a rare opportunity to secure a highly visible and strategically positioned commercial lot in a thriving area. The potential for retail, restaurant, or service-oriented businesses is significant, making this an ideal investment for those seeking a high-impact commercial development project. This is a unique chance to capitalize on the established retail presence and high traffic flow of this established area.

    Property Features for -85.828924° Broad St

    General Information

    Property type
    Land
    Lot Size
    50,530 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Smithville
    County
    DeKalb
    State
    Tennessee
    Longitude
    -85.828924
    Latitude
    35.957099

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    FAQs

    What type of property is this?
    Land - Prime 1.16-acre commercial lot near Walmart.
    Where is this land located?
    The property is located at -85.828924° Broad St Smithville, TN.
    What is the asking price?
    The asking price for this property is $850,000.
    (615) 896-2733
    Request Owner's contact information
    -85.828924° Broad St Smithville, TN 37166
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    Smithville, TN 37166
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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
    -85.828924° Broad St Smithville, TN 37166
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