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    7960 Nolensville Rd Arrington, TN 37014-9145
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    Property profile & analytics

    7960 Nolensville Rd, Arrington, TN 37014-9145

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    • Retail space
    • 6,240 SF
    • 2.50 lot acres
    Off-Market
    Last Sale Nov 22, 2023
    $2,290,000
    Property ID
    US80-1661085
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,375,000
    Show details
    Cap Rate Potential
    4.4%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 7960 Nolensville Rd

    Year built
    1970
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.50 lot acres
    Property type
    Retail space
    APN
    094113 01100
    APU
    9411301100

    Description

    This exceptional 4.7-acre commercial land parcel, located at 7960 Nolensville Road in Arrington, Tennessee (zip code 37014), is offered at an asking price of $3,500,000. The property, identified by APN 113 01100 00018113, is currently owned by Circle K Stores, Inc. and zoned 1TCA. Its strategic location near the intersection of Nolensville Road and Murfreesboro Road provides excellent access to major regional roadways, ensuring convenient connectivity throughout the Arrington MSA. The land is currently vacant and presents a unique development opportunity. However, prospective buyers should be aware of specific use restrictions. These restrictions prohibit the property's use for the sale of food and beverages (with limited exceptions for vending machines and sit-down restaurants/bars), convenience store operations, gasoline or motor fuel sales, electronic cigarettes/tobacco sales, off-premises beer and wine sales, food trucks, lottery ticket sales, self-service/full-service car washes, national discount variety stores (including but not limited to Dollar General, Dollar Tree, 99 Cents Only, or Family Dollar), and any uses ancillary to these restricted activities (such as parking lots or stormwater retention ponds). This prime acreage offers significant potential for a variety of commercial ventures, subject to the aforementioned limitations. Detailed zoning information and use restrictions are available upon request. This is a rare opportunity to acquire a substantial land holding in a rapidly growing area of Williamson County.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,375,000
      ML approach
      $2,545,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,735,000
      6.5%
      $1,600,000
      7%
      $1,485,000
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,670,000
      Current use
      AUTO REPAIR, GARAGE
      $3,585,000
      Change: +34% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $2,435,000
      Change: -9% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Arrington
    County
    Williamson
    State
    Tennessee
    Longitude
    -86.658
    Latitude
    35.8547
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,236
    $240,000
    $38,520
    $278,520
    -
    $600,000
    $96,300
    $696,300
    More about this property
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