5135 Old Salem Rd, Rockvale, TN 37153
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.