795 Nissan Dr Smyrna, TN 37167-4408
- Grocery and convenience stores
- 2,340 SF
- 1.02 lot acres
Current Use by Public Records
- Kwik Sak / Gas Station
- Taqueria El Maguey / Mexican Restaurant
- bp / Gas Station / Car Wash
- Music City ATM / Atm
- SAM Check Cashing Machine / Check Cashing Service
Property Details for 795 Nissan Dr
- Year built
- 1988
- Lot size
- 1.02 lot acres
- Property size
- 2,340 SF
- Zone code
- C-2
- Property type
- Grocery and convenience stores
- APN
- 027-038.04-000
- APU
- 2703804000
Description
This exceptional 0.31-acre commercial land parcel presents a unique investment opportunity in the thriving Smyrna, Tennessee market. Located at 795 Nissan Drive in Rutherford County, this single-tenant property boasts a prime location at a busy intersection, offering excellent visibility and accessibility. The property is zoned CS, providing flexibility for a variety of commercial developments. Key features include significant road frontage and convenient alleyway access, ensuring ease of operation and logistics for any future construction. The site is ideal for a build-to-suit project, allowing for customized development to meet specific business needs. High traffic counts guarantee substantial exposure for any business established on this land. The property's strategic location within Smyrna, combined with its build-to-suit potential and high traffic volume, makes it an attractive proposition for investors seeking a strong return on investment. The 37167 zip code offers easy access to major transportation routes and a vibrant local community. This is a rare opportunity to acquire a well-situated commercial lot in a rapidly growing area. Further details are available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,625,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,735,000
- 6.5%
- $1,655,000
- 7%
- $1,610,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,645,000
- Geo Method
- $1,515,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,420,000
- Retail
- $1,820,000
- Mixed-Use
- $1,470,000
- Hospitality
- $1,670,000
- Educational
- $1,635,000
- Residential Income
- $1,605,000
- Energy
- $1,880,000
- Income-Based Land
- $1,855,000
- Food Service
- $1,600,000
Location Insight
- Map
- Local Demand
- City
- Smyrna
- County
- Rutherford
- State
- Tennessee
- Longitude
- -86.492
- Latitude
- 35.9738
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
