Realmo Analytics

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Property profile

3438 Tom Austin Hwy Springfield, TN 37172

OFF-MARKET
Other commercial real estate
Property ID
US80-1781880
16,094 SF 2.97 ac lot Built 2004
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a former automotive dealership site located on Tom Austin Hwy in Springfield, Tennessee. It includes an existing dealership building of 13,527 square feet with an associated car lot. The site also contemplates a separate outparcel building of 5,923 square feet configured for ground lease, and additional land is available for expansion or reconfiguration. The site is positioned to support a variety of retail-oriented uses and may be repurposed for alternative commercial uses consistent with applicable zoning and permitting.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$1.00M
Assessed land$508k
Assessed improvement$495k

Value estimate

· Oct 2026
$3.21M
$2.89M – $3.53M
CAP approach$2.57M
Submarket $/SF estimate$3.98M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$157/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$79 – $247
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionROBERTSON

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop14.4
Realty agency14.3
Hair Salon12.4

Location

3438 Tom Austin Hwy Springfield, TN 37172-3940
County assessor Recorded deeds · not on file 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
903 Main, Springfield, TN 37172-2813 $775,000 Jan 2025 24,816 SF
5880 Hwy 161, Springfield, TN 37172-6731 $610,000 Jan 2025 9,200 SF
1134 New Hope, Springfield, TN 37172-4384 $2,200,000 Feb 2024 23,400 SF
3535 Tom Austin, Springfield, TN 37172-3941 $3,200,000 Oct 2022 11,577 SF
4223 Hwy 49th W, Springfield, TN 37172-6032 $1,580,191 Sep 2021 8,988 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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