Technical
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Property profile

9147 Spantown Rd Arrington, TN 37014

OFF-MARKET
Land
100.05 ac lot
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Property summary

AI-generated overview

This exceptional 100.047-acre property in Arrington, Tennessee, presents a remarkable development opportunity. Comprised of three contiguous parcels (31.55 acres, 36.92 acres, and 32 acres), this land offers significant flexibility. The largest parcel, located at 9147 Spantown Rd, features a newly renovated barndominium. The property's strategic location, just off I-840 and Almaville Road, provides convenient access to major thoroughfares. Its proximity to Arrington Vineyards, shopping, and restaurants adds to its appeal. Currently zoned for agricultural use (Ag), this land boasts immense potential for rezoning. The Smyrna Major Thoroughfare Plan designates this area for future growth, and there's a possibility of rezoning to accommodate high-density residential (R-6), general commercial (C-2), light industrial (I-1 and I-2), or a planned commercial district. The impending arrival of sewer infrastructure further enhances the property's value and development prospects. Offered at $6,500,000 ($65,000/acre), this is an exceptional investment for those seeking a large-scale development project in a rapidly growing area of Rutherford County. The property's size and location make it ideal for a variety of uses, from residential subdivisions to commercial ventures.

Property profile

Verified
Property type Land
Lot 100.05 ac (4,358,047 SF)

Cap rate & NOI

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

Location

9147 Spantown Rd Arrington, TN 37014
Arrington metro
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Value estimations

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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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