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Springfield Mini Storage
5019 New Hope Court, Springfield, Tennessee 37172
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Property Info
Price: $
Units: 185
Year Built: 1996
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Download Marketing Package
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Broker Contact Info
Kyle Baesman
614.360.9814
Kyle.Baesman@marcusmillichap.com
Opportunity
The Market
Investment
Map
Nashville, Tennessee MSA Self-Storage Offering
POPULATION
In 2025, the population in your selected geography is 26,697. The population has changed by 17.41 percent since 2010. It is estimated that the population in your area will be 27,629 five years from now, which represents a change of 3.5 percent from the current year. The current population is 49.7 percent male and 50.3 percent female. The median age of the population in your area is 37.0, compared with the U.S. average, which is 40.0. The population density in your area is 340 people per square mile.
HOUSEHOLDS
There are currently 10,227 households in your selected geography. The number of households has changed by 20.63 percent since 2010. It is estimated that the number of households in your area will be 10,639 five years from now, which represents a change of 4.0 percent from the current year. The average household size in your area is 2.6 people.
INCOME
In 2025, the median household income for your selected geography is $65,110, compared with the U.S. average, which is currently $78,171.The median household income for your area has changed by 44.87 percent since 2010. It is estimated that the median household income in your area will be $77,397 five years from now, which represents a change of 18.9 percent from the current year.
The current year per capita income in your area is $31,949, compared with the U.S. average, which is $41,680. The current year’s average household income in your area is $82,605, compared with the U.S. average, which is $103,571.
EMPLOYMENT
In 2025, 12,086 people in your selected area were employed. The 2010 Census revealed that 54.7 percent of employees are in white-collar occupations in this geography, and 30.1 percent are in blue-collar occupations. In 2025, unemployment in this area was 4.0 percent. In 2010, the average time traveled to work was 28.00 minutes.
HOUSING
The median housing value in your area was $300,261 in 2025, compared with the U.S. median of $333,538. In 2010, there were 5,369.00 owner-occupied housing units and 3,109.00 renter-occupied housing units in your area.
EDUCATION
The selected area in 2025 had a lower level of educational attainment when compared with the U.S averages. 18.4 percent of the selected area’s residents had earned a graduate degree compared with the national average of only 13.7 percent, and 6.4 percent completed a bachelor’s degree, compared with the national average of 21.2 percent.
The number of area residents with an associate degree was higher than the nation’s at 12.1 percent vs. 8.8 percent, respectively.
The area had fewer high-school graduates, 1.3 percent vs. 26.1 percent for the nation, but the percentage of residents who completed some college is higher than the average for the nation, at 50.9 percent in the selected area compared with the 19.6 percent in the U.S.
• Nashville, Tennessee MSA Self-Storage Offering
• 28,376 Net Rentable Square Feet
• 1+ Acre Available for Future Expansion Opportunities
• 185 Non-Climate-Controlled Units, Two Warehouse Units, and Eight Outdoor Parking Spaces
• Stabilized Facility With Opportunity for Existing Customer Rate Increases
• Great Location & Street Visibility off Bill Jones Industrial Drive (7,100± Cars/Day)
• Surrounded by Many Residential Neighborhoods, Restaurants, National Retail Brands, Shopping Centers, Churches, Businesses, and More
• Growing Surrounding Population: Over 17 Percent Increase Since 2010 Within a Five-Mile Radius
• Located About 25 Miles North of Downtown Nashville
