Property profile

0 Congress Blvd Smithville, TN 37166

OFF-MARKET
Land
0.78 ac lot
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Property summary

AI-generated overview

This exceptional 0.78-acre commercial land parcel presents a remarkable opportunity in the thriving Smithville, Tennessee market. Located on South Congress Boulevard, this property boasts 267 feet of road frontage, ensuring high visibility and accessibility for any business. All utilities are conveniently located on-site, simplifying development and reducing upfront costs. The site benefits from a significant daily traffic count of 7,571 vehicles on South Congress Boulevard, guaranteeing substantial exposure to potential customers. The surrounding area demonstrates strong population density, with 1,523 residents within a one-mile radius, 4,743 within three miles, and 10,166 within five miles, indicating a robust and growing market. The property's current annual tax assessment is $1,173. This is an ideal location for a variety of commercial ventures, offering excellent potential for return on investment. The asking price for this strategically positioned land is $350,000. Don't miss this chance to secure a prime commercial property in a rapidly developing area.

Property profile

Verified
Property type Land
Lot 0.78 ac (33,977 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Congress Blvd Smithville, TN 37166
Smithville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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