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    Reese Alexander Rd Union City, TN 38261

    For Sale
    $220,500

    LAND - Union City, TN

    Lot size:
    9.00 Acres
    Days on Market:
    41
    Last Refresh:
    Dec 10 at 12:06 pm

    Property Features for Reese Alexander Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    072 011.05
    Lot size
    9.00 Acres

    Tennessee Realty (731) 285-4555

    Listing agent Jon B Powers (731) 592-1994 License #378721

    Listing date Oct 31, 2025

    MLS# 2505213 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

    9-Acre Development Opportunity in Union

    This 9-acre tract of land is located off Highway 51 between Troy and Union City, less than one mile from the new I-69 interchange in Union City, Tennessee. Currently undeveloped and used for row-crop farming, the property offers a clean slate for future growth. The site benefits from exceptional visibility and high daily traffic exposure, making it suitable for commercial use. It is positioned along one of Northwest Tennessee's busiest corridors, presenting a strategic location for an investor or developer. The property is located on Reese Alexander Road in Union City, TN 38261. The property is in Obion County. Potential business uses include retail, service, or mixed-use development. Rezoning to commercial would be required if developed for business purposes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Union City
    County
    Obion
    State
    Tennessee
    Longitude
    -89.110599
    Latitude
    36.38125

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    FAQs

    What type of property is this?
    Land - Undeveloped 9-acre tract near I-69 interchange, ideal for development.
    Where is this land located?
    The property is located at Reese Alexander Rd Union City, TN.
    What is the asking price?
    The asking price for this property is $220,500.
    What are key features of this property?
    This property features: - Prime development opportunity near the new I-69 interchange.; - High visibility and traffic exposure on Highway 51.; - 9-acre undeveloped tract, a clean slate for development.
    (731) 592-1994
    Request Owner's contact information
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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
    Reese Alexander Rd Union City, TN 38261
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