9147 Spantown Rd Arrington, TN 37014
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.