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    Highway 45 Martin, TN 38237

    For Sale
    $1,000,000

    Commercial - Martin, TN

    Lot size:
    11.14 Acres
    Days on Market:
    216
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for Highway 45

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    PB
    APN
    34
    Lot size
    11.14 Acres

    Building Details

    Architectural style
    Other

    Wendell Alexander Realty (731) 364-5368 [email protected]

    Listing agent ALEX BYNUM (731) 281-1220 License #320284

    Listing date May 13, 2025

    MLS# 41437 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

    Highway 45 Commercial Land Opportunity

    This commercial land opportunity is located on State Highway 45 in Martin, TN. The property comprises 11.14 acres +/- and offers prime exposure with a daily traffic count of over 8,500. The land can be split into up to 5 lots, available at $250,000 per lot. Water and sewer services are available. Gas and fiber optic services are planned to be available within a year. The property is zoned PB.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Martin
    County
    Weakley
    State
    Tennessee
    Longitude
    -88.85569
    Latitude
    36.41881

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    FAQs

    What type of property is this?
    Commercial land - 11.14 acres on Highway 45, Martin, TN. For sale.
    Where is this commercial land located?
    The property is located at Highway 45 Martin, TN.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - High traffic count (over 8,500 daily) on State Highway 45.; - Large lot size: 11.14 acres +/-.; - Divisible into up to 5 lots at $250,000/lot.
    (731) 281-1220
    Request Owner's contact information
    Highway 45 Martin, TN 38237
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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
    Highway 45 Martin, TN 38237
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