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Property profile & analytics
OFF-MARKET Estimated value $885,000
Commercial land

200 Broad St Smithville, TN 37166-1806

5,014 SF 1.34 ac lot Built 1950
Individually Owned 5-yr Hold Free & Clear
Property ID
US80-2463780
Property summary
AI-generated overview

This exceptional 1.3-acre commercial lot in Smithville, Tennessee, presents a unique investment opportunity. Located at the busiest intersection in Dekalb County, at the signalized corner of Highway 56 and Highway 70, this property boasts 175 feet of road frontage on Highway 70 and 320 feet on Highway 56, ensuring maximum visibility and accessibility. The property is zoned for commercial use and offers build-to-suit options, with the owner open to considering lot division. While convenience stores and gas stations are restricted, the location is ideal for a quick-service restaurant (QSR) or hotel development. Adding to its appeal, this property is situated within an Opportunity Zone, providing potential tax advantages. The area benefits significantly from the tourism generated by Center Hill Lake, attracting over 3,000,000 visitors annually, and the Smithville Jamboree, a top 20 event in the Southeast. The asking price for this prime commercial land is $1,250,000. Don't miss this chance to capitalize on the thriving commercial landscape of Smithville. The property's strategic location and high traffic volume make it an exceptional investment prospect with significant growth potential.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1950
Total area 5,014 SF
Lot 1.34 ac (58,370 SF)
Zoning code B2
APN 021064L C 01802
UPID US80-2463780
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
$1.05M
CAP Approach CAP
by Request
Comparable Approach Comparable
$702k
Blend (final) Blend
$885k
Owner & transaction history
Kerry Robinson · 5 yrs held
Kerry Robinson
since 2021
Last sale
$860,000
3 recorded transactions
2021
Price N/A
2021
$860,000
2012
Price N/A
Zoning & alternative use
B2 · Smithville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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