200 Broad StSmithville, TN 37166

Property Details for 200 Broad St

Year built

1950

Lot size

1.34 AC

Property size (Sq ft)

5,014 SF

Zone code

B2

Property type

Land

Property subtype

Commercial land

APN

021064L C 01802

APU

021064LC01802

Description

This exceptional 1.3-acre commercial lot in Smithville, Tennessee, presents a unique investment opportunity. Located at the busiest intersection in Dekalb County, at the signalized corner of Highway 56 and Highway 70, this property boasts 175 feet of road frontage on Highway 70 and 320 feet on Highway 56, ensuring maximum visibility and accessibility. The property is zoned for commercial use and offers build-to-suit options, with the owner open to considering lot division. While convenience stores and gas stations are restricted, the location is ideal for a quick-service restaurant (QSR) or hotel development. Adding to its appeal, this property is situated within an Opportunity Zone, providing potential tax advantages. The area benefits significantly from the tourism generated by Center Hill Lake, attracting over 3,000,000 visitors annually, and the Smithville Jamboree, a top 20 event in the Southeast. The asking price for this prime commercial land is $1,250,000. Don't miss this chance to capitalize on the thriving commercial landscape of Smithville. The property's strategic location and high traffic volume make it an exceptional investment prospect with significant growth potential.

• Alternative Use

  Use

  Valuation

  Residential

  $991,442

  Hospitality

  $908,155

  Educational

  $755,574

  Medical

  $781,560

  Retail

  $1,175,338

Location Insight

City

Smithville

County

Dekalb

State

Tennessee

Latitude

35.958

Longitude

-85.811

Property Tax & Assessments

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