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    OFF-MARKET
    Commercial real estate

    5135 Old Salem Rd, Rockvale, TN 37153

    20 ac lot
    Entity Owned 1-yr Hold
    Property ID
    US80-2017160
    Property summary
    AI-generated overview

    This exceptional 20-acre commercial land parcel presents a unique investment opportunity in Rockvale, Tennessee. Located at 5135 Old Salem Rd, zip code 37153, this property is priced at $1,699,000. Its zoning is designated as Commercial Fringe, making it suitable for a variety of uses. The site boasts readily available sewer access, a significant advantage for potential developers. Furthermore, a new utility water line is anticipated to be completed by late 2024, enhancing the property's infrastructure and appeal. This expansive acreage is particularly well-suited for projects such as a private school or church, offering ample space for construction and future expansion. The property's location in Rutherford County provides convenient access to local amenities and transportation routes. Detailed information regarding the land's precise dimensions and potential development possibilities is available upon request. This is a rare opportunity to acquire a substantial commercial land parcel in a rapidly growing area. Don't miss out on this chance to secure a prime location for your next venture.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 20 ac (871,200 SF)
    UPID US80-2017160
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Hensley Group LLC · 1 yrs held
    Hensley Group LLC
    since 2025
    1 recorded transaction
    2025
    $1.5M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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