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Property profile & analytics
OFF-MARKET Estimated value $955,000
Commercial land

570 Almaville Rd Smyrna, TN 37167-4257

1.8 ac lot
Entity Owned 1-yr Hold Free & Clear
Property ID
US80-2440840
Property summary
AI-generated overview

This exceptional 1.74-acre commercial land parcel in Smyrna, Tennessee, presents a fully entitled car wash development opportunity. Located at 570 Almaville Road, this flat, cleared site boasts convenient access to I-24 (0.43 miles) and enjoys high visibility across from the Shops of Lee Village, a thriving retail center anchored by Publix and featuring other popular businesses. The property's C-2 zoning ensures seamless development, and all necessary utilities are readily available. Detailed construction documents and plans, designed by a national car wash development group, are included in the sale, minimizing development hurdles. With over 30,000 vehicles per day traversing Almaville Road and Lee Victory Parkway, this location offers significant traffic exposure and a strong potential for high returns. The site's proximity to I-24 and I-840, along with its 20-mile distance from Nashville International Airport (BNA), further enhances its appeal. Limited competition in the immediate area presents a unique opportunity for a thriving car wash business. The APN is 050E-F-001.00-000. This is a turnkey opportunity for an investor seeking a high-traffic, fully permitted commercial development project.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.8 ac (78,408 SF)
Zoning code R-1
APN 050E-F-001.00-000
UPID US80-2440840
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
$925k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$955k
Owner & transaction history
Grand Salkhi Tennessee Properties L · 1 yrs held
Grand Salkhi Tennessee Properties L
since 2024
Last sale
$1.0M
6 recorded transactions
2025
Price N/A
2024
Price N/A
2023
$1.0M
2016
$407,500
2009
$80,000
2002
$100,000
Zoning & alternative use
R-1 · Smyrna, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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