Property summary
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
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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