200 Broad St Smithville, TN 37166-1806
- Commercial land
- 5,014 SF
- 1.34 lot acres
Jun 15, 2021
Current Use by Public Records
- Commercial land
Property Details for 200 Broad St
- Year built
- 1950
- Lot size
- 1.34 lot acres
- Property size
- 5,014 SF
- Zone code
- B2
- Property type
- Commercial land
- APN
- 021064L C 01802
- APU
- 021064LC01802
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Smithville
- County
- Dekalb
- State
- Tennessee
- Longitude
- -85.811
- Latitude
- 35.958
