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689 Lowry St
Smyrna, TN 37167
Lowry Station Self Storage Development Site · Land For Sale
·
1.45 AC
Investment Highlights
- Self Storage Development Opportunity on 1.45-acres in Smyrna, TN
- 380’of frontage along S Lowry St/US Highway 41 with 18,224 AADT
- Strong demographics with population over 48,800 and Avg. Household Income of $97,000
- Proposed 3-Story 78,277 GSF | 54,794 NRSF Class A Climate-Controlled Self Storage
- 2 access points- one on Stewart Drive and an additional on Southside Drive
- Significant growth population projections from Nashville metro expansions
Executive Summary
Zoned development opportunity in the high-growth Smyrna, Tennessee market. The 1.45-acre property is entitled for a Class A, 3-story, climate-controlled self-storage facility including 78,277 GSF | 54,794 NRSF, designed to meet strong and expanding market demand.
The site features approximately 380 feet of frontage along S. Lowry Street (US Highway 41), a major commercial corridor with 18,224 average annual daily traffic, delivering exceptional visibility and exposure. Two points of access—via Stewart Drive and Southside Drive— enhance customer convenience and traffic flow.
The surrounding trade area is characterized by strong demographics, including a population exceeding 48,800 residents and an average household income of approximately $97,000, which supports premium climate-controlled storage rents. According to the Tennessee Department of Transportation, Smyrna is experiencing rapid population and development growth driven by strong in-migration and continued expansion of the Nashville metropolitan area. This growth is fueling significant residential and commercial development, including new neighborhoods, retail centers, and mixed-use projects (see Smyrna Development Tracker). The immediate market includes more than 2,382 residential units in various stages of development, creating a robust pipeline of future customers and positioning the asset for long-term demand and stability.
The proposed plan has been approved as a part of the rezone. Buyer will need to submit for final site plan approval.
The site features approximately 380 feet of frontage along S. Lowry Street (US Highway 41), a major commercial corridor with 18,224 average annual daily traffic, delivering exceptional visibility and exposure. Two points of access—via Stewart Drive and Southside Drive— enhance customer convenience and traffic flow.
The surrounding trade area is characterized by strong demographics, including a population exceeding 48,800 residents and an average household income of approximately $97,000, which supports premium climate-controlled storage rents. According to the Tennessee Department of Transportation, Smyrna is experiencing rapid population and development growth driven by strong in-migration and continued expansion of the Nashville metropolitan area. This growth is fueling significant residential and commercial development, including new neighborhoods, retail centers, and mixed-use projects (see Smyrna Development Tracker). The immediate market includes more than 2,382 residential units in various stages of development, creating a robust pipeline of future customers and positioning the asset for long-term demand and stability.
The proposed plan has been approved as a part of the rezone. Buyer will need to submit for final site plan approval.
Property Facts
| Sale Type | Investment | Proposed Use | Self Storage |
| No. Lots | 1 | Total Lot Size | 1.45 AC |
| Property Type | Land | Cross Streets | Southside Drive |
| Property Subtype | Commercial | ||
| Zoning | C3 - Commercial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Self Storage |
| Total Lot Size | 1.45 AC |
| Cross Streets | Southside Drive |
| Zoning | C3 - Commercial |
1 Lot Available
Lot
| Price | $1,300,000 | Lot Size | 1.45 AC |
| Price Per AC | $896,551.72 |
| Price | $1,300,000 |
| Price Per AC | $896,551.72 |
| Lot Size | 1.45 AC |
Property Taxes
| Parcel Number | 034G-A-001.00-000 | Improvements Assessment | $0 |
| Land Assessment | $24,350 | Total Assessment | $24,350 |
Property Taxes
Parcel Number
034G-A-001.00-000
Land Assessment
$24,350
Improvements Assessment
$0
Total Assessment
$24,350
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