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    3490 New Manchester Hwy Tullahoma, TN 37388

    For Sale
    $399,000

    13.2-Acre Mobile Home Park, Priced to Sell

    Property size:
    574,992 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 13.2-acre mixed-use property located at 3490 New Manchester Highway in Tullahoma, Tennessee presents a unique investment opportunity. Currently operating as a mobile home park, the site encompasses a substantial 574,992 square feet of land. The property includes approximately eight older model mobile homes, all of which are sold in their as-is condition. This presents a blank canvas for redevelopment or continued operation as a mobile home park, subject to local zoning regulations and permitting. Given the significant acreage and prime location in Tullahoma, the property offers considerable potential for a variety of uses, including but not limited to, expansion of the existing mobile home park, conversion to other residential uses, or development of commercial ventures. The asking price of $399,000 reflects the current condition and presents a compelling entry point for investors seeking a substantial land holding in a growing Tennessee market. The property's size and location offer significant upside potential for future appreciation. Serious inquiries are encouraged to explore the possibilities this unique property offers. All information provided is deemed reliable but not guaranteed and should be independently verified.

    Property Features for 3490 New Manchester Hwy

    General Information

    Property type
    Mixed-use properties
    Square Feet
    574,992 SF
    Lot Size
    574,992 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Department Store Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Tullahoma
    County
    Coffee County, TN
    State
    Tennessee
    Longitude
    -86.1574
    Latitude
    35.38644

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    FAQs

    What type of property is this?
    Mixed-use property - 13.2-Acre Mobile Home Park, Priced to Sell
    Where is this mixed-use property located?
    The property is located at 3490 New Manchester Hwy Tullahoma, TN.
    What is the asking price?
    The asking price for this property is $399,000.
    (931) 455-8000
    Request Owner's contact information
    3490 New Manchester Hwy Tullahoma, TN 37388
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    Tullahoma, TN 37388
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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
    3490 New Manchester Hwy Tullahoma, TN 37388
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