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5135 Old Salem Rd Rockvale, TN 37153

OFF-MARKET Land Google Maps
20 ac lot
Entity Owned 1-yr Hold
Estimated value
No estimation on file for this property yet.
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 Land
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

Value estimations

Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2025
1 recorded transaction
2025
$1.5M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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