Listing Agency: Coldwell Banker Southern Realty · Coldwell Banker Real Estate b***@barnesre.com Show Phone

Listed By: Lee W. Godfrey · License #058537 Show Phone

Added: Aug 11, 2025 Changed: May 13 Last Checked: Jul 30 at 10:06PM

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MLS# 2503755

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Investment Insights

Based on property information with market context.

This is a 5.18-acre tract of land with 430 feet of frontage on Hwy 138. The property is located in southwest Madison County, Tennessee, 6.2 miles south of I-40 at Exit 68 (Providence Rd). The tract is gently rolling and includes open areas with some woods, offering building sites. A well and septic system are required for building. Stick-built houses are required; mobile homes are not permitted. The property has already been approved for a septic system. It has been surveyed and is ready for development. The GPS coordinates are at the intersection of Hwy 138 & Ebenezer Rd: 1181 Hwy 138, Mercer, TN 38392.

Key Highlights

• Approved for Septic System
• 5.18 Acre Tract with Great Building Sites**
• 430 Ft of Frontage on Hwy 138

Property Analytics

Property Profile

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

11

Businesses Nearby

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Demographics for 38392, TN

739

Population

286

Households

2.6

Avg Household Size

46

Median Age

13%

College-Educated

86%

High-School Grad

36.0 sq mi

ZIP Area

21

Density / Sq Mi

$52,188

Median Household Income

$26,908

Median Earnings

$43,400

Median Home Value

Market

Properties on Market for Land in Madison County

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Frequently Asked Questions

What type of property is this?

Land - 5.18 acre tract with frontage on Hwy 138.

Where is this land located?

The property is located at 138 Highway Mercer, TN.

What is the asking price?

The asking price for this property is $69,500.

What are key features of this property?

This property features: Approved for Septic System; 5.18 Acre Tract with Great Building Sites**; 430 Ft of Frontage on Hwy 138