Property profile

1320 Briarville Rd Madison, TN 37115

OFF-MARKET
Commercial land
Property ID
US80-1048421
0.93 ac lot
Entity Owned 4-yr Hold Free & Clear
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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

Location

1320 Briarville Rd Madison, TN 37115-5127
Madison metro Census 10802 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Google Maps

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

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

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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