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    Expressway Dr Manchester, TN 37355

    For Sale
    $324,900

    Prime 1.2-acre lot, I-24 visibility!

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional 1.2-acre commercial lot presents a remarkable opportunity in the thriving city of Manchester, Tennessee. Boasting unparalleled visibility from Interstate 24, this property enjoys a highly desirable location, situated directly off Expressway Drive, amongst established businesses including Wendy's, Waffle House, McDonald's, and Microtel Inn & Suites. Its strategic placement next to Scenic Roads RV dealership ensures high traffic flow and excellent brand exposure. Zoned C2 commercial, this versatile lot offers a wide array of potential uses. The property features convenient access to city sewer and water services, already available at the roadside. The terrain is largely level at the road, gently sloping upward to provide optimal visibility for any development. With impressive road frontage measuring 226 feet and a depth of 229 feet, this lot provides ample space for a variety of commercial ventures. A gravel driveway is already in place, simplifying site preparation. A survey copy is available for review. Adding to its appeal, a billboard is situated on the property's rear right corner, offering additional advertising potential or revenue generation. This is an exceptional opportunity to establish a business in a high-traffic, high-visibility location. Don't miss this chance to secure a prime commercial property in the heart of Manchester.

    Property Features for Expressway Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    52,272 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Manchester
    County
    Coffee County, TN
    State
    Tennessee
    Longitude
    -86.05481
    Latitude
    35.45855

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 1.2-acre lot, I-24 visibility!
    Where is this commercial real estate located?
    The property is located at Expressway Dr Manchester, TN.
    What is the asking price?
    The asking price for this property is $324,900.
    (615) 754-0200
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    Expressway Dr Manchester, TN 37355
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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
    Expressway Dr Manchester, TN 37355
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