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    611 Highway 52 Byp Lafayette, TN 37083

    For Sale
    $1,400,000

    11 Acres, Hwy 52 Bypass, High Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 11.41-acre mixed-use property presents a rare investment opportunity in the thriving city of Lafayette, Tennessee. Located directly across from the new Macon County Courthouse, this strategically positioned land boasts an impressive 1000 feet of road frontage along the new Highway 52 Bypass, ensuring unparalleled visibility and accessibility. Its prime location places it in the heart of Lafayette, just a short distance from a Walmart Supercenter, solidifying its position in the town's most desirable commercial area. The expansive acreage offers significant development potential for a variety of uses, catering to the growing needs of the community. The property's high traffic count and proximity to key civic and retail establishments make it an ideal site for a diverse range of commercial ventures, from retail spaces and restaurants to professional offices and light industrial facilities. This is a once-in-a-lifetime chance to acquire a substantial parcel of land in a rapidly expanding market, offering substantial returns for the discerning investor. The property's size and location combine to create a truly unique opportunity to establish a significant presence in the heart of Lafayette. Don't miss this chance to secure a piece of Lafayette's vibrant future. The asking price is $1,400,000.

    Property Features for 611 Highway 52 Byp

    General Information

    Property type
    Mixed-use properties
    Lot Size
    497,020 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Macon County, TN
    State
    Tennessee
    Longitude
    -86.04435
    Latitude
    36.52601

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    FAQs

    What type of property is this?
    Mixed-use property - 11 Acres, Hwy 52 Bypass, High Visibility
    Where is this mixed-use property located?
    The property is located at 611 Highway 52 Byp Lafayette, TN.
    What is the asking price?
    The asking price for this property is $1,400,000.
    (615) 666-2232
    Request Owner's contact information
    611 Highway 52 Byp Lafayette, TN 37083
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    Lafayette, TN 37083
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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
    611 Highway 52 Byp Lafayette, TN 37083
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