14014 Old Nashville Hwy Smyrna, TN 37167-6306
- Commercial real estate
- 1,457 SF
- 0.65 lot acres
Current Use by Public Records
- Red Wagon Nursery, LLC / Plant Nursery
- The Ark Pet Spa & Hotel - Smyrna / Pet Boarding Service
Property Details for 14014 Old Nashville Hwy
- Year built
- 1952
- Construction
- FRAME
- Lot size
- 0.65 lot acres
- Property size
- 1,457 SF
- Property type
- Commercial real estate
- APN
- 028-082.00-000
- APU
- 2808200000
Description
This exceptional 0.65-acre retail pad site presents a unique ground lease or build-to-suit opportunity in the thriving LaVergne/Smyrna submarket of Nashville, Tennessee. Strategically located on the highly visible morning side of Old Nashville Highway, this property boasts 137 feet of frontage, ensuring maximum exposure to the substantial daily traffic flow. The site's C-2 zoning allows for a wide range of retail development options. Its proximity to Sam Ridley Parkway, a major thoroughfare with over 48,800 vehicles per day, guarantees significant visibility and accessibility. Furthermore, the property's less-than-five-mile distance from the Nissan Assembly Plant, employing approximately 8,000 individuals, provides a substantial and readily available customer base. This prime location offers unparalleled potential for businesses seeking high-traffic exposure and a strong local market presence. The single-tenant nature of the site ensures focused marketing and operational efficiency. This is an exceptional opportunity to establish a thriving retail presence in a rapidly growing area. Don't miss this chance to secure a highly desirable location in a dynamic market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $680,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $610,000
- 6.5%
- $640,000
- 7%
- $625,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $575,000
- Geo Method
- $615,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $645,000
- Retail
- $585,000
- Mixed-Use
- $550,000
- Hospitality
- $540,000
- Educational
- $615,000
- Residential Income
- $550,000
- Energy
- $635,000
- Income-Based Land
- $515,000
- Food Service
- $700,000
Location Insight
- Map
- Local Demand
- City
- Smyrna
- County
- Rutherford
- State
- Tennessee
- Longitude
- -86.5456
- Latitude
- 35.9841
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA