1020 CrossingsSpring Hill, TN 37174

Property Details for 1020 Crossings

Year built

2007

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

7.53 AC

Property size (Sq ft)

91,296 SF

Property type

Retail properties

APN

060028 01604

APU

6002801604

Description

This exceptional one-acre commercial land parcel presents a unique opportunity for development in the thriving Spring Hill, Tennessee market. Located at 1020 Crossings Blvd, Spring Hill, TN 37174, this single-tenant site offers unparalleled visibility and accessibility. The property's ideal location ensures high traffic volume and exposure, making it perfect for a variety of commercial uses. With a total land area of one acre, this site provides ample space for construction and development, accommodating a wide range of building plans. The property is designated as commercial land and is available for lease. Its strategic location within Spring Hill offers easy access to major transportation routes, ensuring convenient access for both employees and customers. This is a blank canvas for a discerning developer seeking a prime location to establish a successful commercial venture. The site's zoning and permitted uses should be verified independently by prospective tenants or developers. This property represents a rare opportunity to secure a highly desirable commercial location in a rapidly growing area. Don't miss this chance to capitalize on the potential of this exceptional Spring Hill, Tennessee property. Further details regarding lease terms and conditions are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $23,184,212

  6.5%

  $21,400,812

  7%

  $19,872,182

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,804,074

  Geo Method

  $19,804,074

• Alternative Use

  Use

  Valuation

  Residential

  $18,052,386

  Hospitality

  $16,535,888

  Educational

  $13,757,664

  Medical

  $14,230,812

  Retail

  $21,400,812

Location Insight

City

Spring Hill

County

Maury

State

Tennessee

Latitude

35.7392

Longitude

-86.9416

CBSA code

34980

CBSA name

NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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