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Property profile & analytics
OFF-MARKET Estimated value $565,000
Commercial land

1320 Briarville Rd Madison, TN 37115-5127

0.93 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US80-1048421
Property summary
AI-generated overview

This exceptional 0.93-acre commercial land parcel presents a remarkable investment opportunity in Madison, TN. Situated on a high-visibility corner lot at the main intersection of Briarville Road and Creative Way, this property offers unparalleled access and exposure. Currently zoned MUL, it allows for a diverse range of uses, including the potential development of up to 11 townhomes, retail spaces, storage facilities, or even a gas station, providing significant flexibility for developers and investors. Its strategic location provides easy access to major highways and is only an 8-minute drive from downtown Nashville, placing it within close proximity to a vibrant urban center and a large pool of potential customers. The property's potential is further enhanced by its proximity to the 18-acre Due West Towers development, indicating a strong trend of growth and investment in the immediate area. This prime location, combined with the versatile zoning and development potential, makes this a truly exceptional opportunity to capitalize on Madison's thriving real estate market. The property's parcel number is 051-00-0-054-00. The asking price is $899,000.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.93 ac (40,511 SF)
Zoning code MUL
APN 051-00-0-054-00
UPID US80-1048421
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$560k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$565k
Owner & transaction history
Rhythm Development Gp · 3 yrs held
Rhythm Development Gp
since 2022
Last sale
$565,000
6 recorded transactions
2022
$565,000
2017
$9,000
2016
$135,881
2014
Price N/A
1992
$16,000
1969
Price N/A
Zoning & alternative use
MUL · Madison, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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