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    51 Hwy Troy, TN 38260

    For Sale
    $249,900

    Other - Troy, TN

    Lot size:
    5.70 Acres
    Days on Market:
    94
    Last Refresh:
    Dec 7 at 5:06 am

    Property Features for 51 Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    065.00
    Lot size
    5.70 Acres

    Utilities

    Heating system
    None (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Architectural style
    Other

    Century 21 Golden Service Realty & Auction (731) 885-8000 [email protected]

    Listing agent DAVY RAINEY (731) 885-8000 License #367874

    Listing date Sep 5, 2025

    MLS# 45262 Listing URL

    Copyright © 2025 Reelfoot Regional 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

    Prime Commercial Land on Hwy 51

    This 5.7-acre commercial land parcel is located on Hwy 51 and adjoins the Troy Industrial Park. It features 960 feet of road frontage on US Hwy 51. The property is currently being farmed, and possession is to be determined. No zoning change is required. Property taxes will be determined after the sale.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Troy
    County
    Obion
    State
    Tennessee
    Longitude
    -89.1616
    Latitude
    36.3444

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    FAQs

    What type of property is this?
    Commercial land - 5.7 acres of commercial land with highway frontage.
    Where is this commercial land located?
    The property is located at 51 Hwy Troy, TN.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: - 5.7 Acres of Prime Commercial Land; - Boasts 960' Road Frontage on US Hwy 51; - Adjoins Troy Industrial Park
    (731) 885-8000
    Request Owner's contact information
    51 Hwy Troy, TN 38260
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    Troy, TN 38260
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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
    51 Hwy Troy, TN 38260
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