5824 New Nashville Hwy, Smyrna, TN 37167
This exceptional 8,220 square foot Class A flex space building is strategically located on New Nashville Highway, a high-traffic thoroughfare averaging approximately 50,000 vehicles per day, situated between Smyrna and Murfreesboro. Its convenient location offers easy access to Interstate 840, approximately one mile away. The building boasts a versatile layout, including 6,100 square feet of warehouse space, ideal for storage or manufacturing, 1,000 square feet of retail/showroom space perfect for showcasing products or services, and 1,016 square feet of upstairs office space providing a professional workspace. Currently approximately 80% complete, the building is offered for sale "as is," presenting a unique opportunity for buyers to customize the remaining build-out to their specific needs. The seller is also open to lease or lease-purchase options. Furthermore, the seller is willing to invest an additional $500,000 to complete the building within 90-120 days, allowing for significant customization based on the buyer's requirements, with the added cost incorporated into the closing price. This property represents a compelling investment opportunity in a thriving commercial corridor. The half-acre lot provides ample space for expansion or future development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.