Gambill Ln Smyrna, TN 37167
- Commercial real estate
- 50.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Gambill Ln
- Lot size
- 50.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 50-acre parcel presents a remarkable investment opportunity for commercial development in Smyrna, Tennessee. Strategically located at the new I-24 exit at Enon Springs West/Rocky Fork Road, this property boasts unparalleled visibility and accessibility. The Smyrna Land Use Plan designates the land for commercial, retail, and office uses, making it ideal for a wide range of projects, including retail shopping centers, service businesses, hotels, restaurants, corporate headquarters, or office buildings. The site is well-served by existing utilities, including electricity, public water, sewer, and natural gas. The Smyrna Planning Department is actively engaged in supporting commercial zoning and the construction of necessary service roads and infrastructure, streamlining the development process for the buyer. Surrounded by thousands of existing homes with more subdivisions under development, this location benefits from a robust and growing residential population creating significant demand for commercial businesses. Detailed plans for the new I-24 interchange are available for review. This offering represents the 50 acres closest to I-24, with the sellers retaining adjoining acreage for future expansion. The asking price for this prime commercial development site is $35,000,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Smyrna
- County
- Rutherford County, TN
- State
- Tennessee
- Longitude
- -86.5465
- Latitude
- 35.955
