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    223 Highway 57 Grand Junction, TN 38039

    New
    For Sale
    $39,900

    Land - Grand Junction, TN

    Lot size:
    0.97 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 223 Highway 57

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    REL
    Lot size
    0.97 Acres

    Building Details

    Architectural style
    Other

    Groome & Co Realtors (901) 380-4418 [email protected]

    Listing agent Amber Beard Bean (901) 380-4418

    Listing date Dec 3, 2025

    MLS# 10210718 Listing URL

    Copyright © 2025 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land on Highway 57

    This commercial land, approximately 0.97 acres, is located directly on Highway 57 in Grand Junction, TN, offering high visibility and heavy daily traffic. The property was previously the site of a church that was removed after storm damage. It features existing water and utility hookups, as well as an established paved parking area. The property is positioned near the Post Office and City Hall. It is suitable for retail, office, service-based businesses, or redevelopment opportunities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Dental Office Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts Store Hotel & Motel Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Junction
    County
    Hardeman
    State
    Tennessee
    Longitude
    -89.18254
    Latitude
    35.04991

    FAQs

    What type of property is this?
    Commercial land - Commercial land with high visibility and existing utilities in Grand Junction.
    Where is this commercial land located?
    The property is located at 223 Highway 57 Grand Junction, TN.
    What is the asking price?
    The asking price for this property is $39,900.
    What are key features of this property?
    This property features: - Prime commercial land on Highway 57 with exceptional visibility and heavy traffic.; - Existing water and utility hookups save time and development costs.; - Established paved parking area already in place.
    (901) 380-4418
    Request Owner's contact information
    223 Highway 57 Grand Junction, TN 38039
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    223 Highway 57
    Grand Junction, TN 38039
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    223 Highway 57 Grand Junction, TN 38039
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