200 Broad St Smithville, TN 37166-1806
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
B2 · Smithville, TNSmithville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.