215 Mill Lane

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215 Mill Lane

Smyrna, TN 37167
Asking Price
$3.00M
Asset Type
Industrial Land
Class
Class B

What's Special

Nashville MSA | IOS & Industrial Development Asset | 3.24 Acres | Approved Plans <ul><li>​±3.24-acre heavy industrial site ideally suited for contractor yard operations, truck parking, fleet services, and outdoor storage, with potential rail accessibility.</li><li>​Fully approved development plans for two multi-tenant industrial buildings totaling approximately 40,420 SF, including building 1 at ±24,420 SF and building 2 at ±16,000 SF.</li><li>​Site Plan Includes 62 dedicated parking spaces designed to accommodate industrial users and fleet operations </li><li>​ Zoned I-3 he

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NOI
$80,000
Cap Rate
2.67%
DSCR
0.45
Underwater
Cash-on-Cash
-10.90%
Monthly Payment
$14,842.363
Annual Cash Flow
$-98,108.358

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