Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5351 Nika Dr Three Way, TN 38343

    Picture of Commercial land at Nika Dr 5351, Three Way, TN
    For Sale
    $269,900

    LAND - Three Way, TN

    Lot size:
    0.97 Acres
    Days on Market:
    186
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 5351 Nika Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    016K A 005.00
    Lot size
    0.97 Acres

    Utilities

    Water front features
    Pond
    Water front
    1

    Hickman Realty Group (731) 664-1006 [email protected]

    Listing agent Tami S Reid (731) 616-6000 License #250073

    Listing date Jun 4, 2025

    MLS# 2502574 Listing URL

    Copyright © 2025 Central West Tennessee 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 Lot on Highway 45

    This commercial lot, approximately 0.97 acres, is located on Highway 45 Bypass in Three Way, Tennessee. The property is positioned in a high-traffic area with good visibility, making it suitable for various business ventures. Potential uses include retail, medical, office space, or a car lot. The lot is situated across the street from Jones Motor Co. and adjacent to Dollar General.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store Storage Facility HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Three Way
    County
    Gibson
    State
    Tennessee
    Longitude
    -88.845287
    Latitude
    35.750045

    Nearby Similar for Sale

    • $1,999,000
      11,472 SF

      Magnolia Manor & Chapel For Sale

      Turn-key bed & breakfast, wedding venue, and restaurant in Humboldt, TN.
      1424 E Main St, Humboldt, TN 38343
      View Details
    • $369,995
      1,920 SF

      Humboldt Duplex with Modern Finishes

      Modern duplex in Humboldt, TN, ideal for investors.
      2508 Vine St, Humboldt, TN 38343
      View Details
    • $1,425,000
      9,480 SF

      Humboldt Commercial Space with Lease

      Commercial space with existing lease and potential for various uses.
      2214 Osborne St, Humboldt, TN 38343
      View Details
    • $1,299,000
      24,022 SF

      Established Motel in Humboldt, TN

      53-room motel with strong revenue and growth potential.
      618 N 22Nd Ave, Humboldt, TN 38343
      View Details
    • $160,000
      1,815 SF

      Downtown Humboldt Commercial Opportunity

      Well-maintained building in downtown Humboldt, ideal for retail or office.
      1642 E Main St, Humboldt, TN 38343
      View Details
    • $149,900
      2,100 SF

      Updated Commercial Property in Humboldt

      Move-in ready commercial property in high-traffic area, ideal for retail.
      1304 E Main St, Humboldt, TN 38343
      View Details

    FAQs

    What type of property is this?
    Commercial land - Almost one acre commercial lot on Hwy 45 Bypass.
    Where is this commercial land located?
    The property is located at 5351 Nika Dr Three Way, TN.
    What is the asking price?
    The asking price for this property is $269,900.
    What are key features of this property?
    This property features: - High-traffic location on Hwy 45 Bypass.; - Almost 1 acre commercial lot.; - Excellent visibility.
    (731) 616-6000
    Request Owner's contact information
    5351 Nika Dr Three Way, TN 38343
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5351 Nika Dr
    Three Way, TN 38343
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5351 Nika Dr Three Way, TN 38343
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.