11700 Old Nashville Hwy Smyrna, TN 37167-3524
This exceptional investment opportunity presents a 5,040-square-foot daycare center situated on a 0.77-acre lot at 11700 Old Nashville Hwy in Smyrna, Tennessee, zip code 37167. Built in 1989, this single-story building is zoned CS and offers significant potential for continued operation as a daycare or for conversion to other permitted uses. The property benefits from a high-traffic location with 13,745 cars passing daily, ensuring excellent visibility and accessibility. Located in Rutherford County, the fastest-growing county in the Nashville MSA, this property is surrounded by a strong community with over 77,000 residents within a 5-mile radius and an average household income exceeding $90,528. The asking price for this owner-user investment is $1,180,000. This presents a rare chance to acquire a well-established business in a rapidly expanding market, offering substantial returns on investment. The property's prime location and substantial size make it an attractive proposition for both established businesses and new ventures seeking a foothold in this thriving area. This is a turnkey opportunity to capitalize on the growing demand in the region.
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Lily's Playhouse and Preschool Daycare Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.