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    56 Hwy Baxter, TN 38544

    For Sale
    $2,250,000

    13.6 Acres, I-40 Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 13.6-acre development parcel presents a unique investment opportunity in the rapidly growing Baxter, Tennessee area. Strategically located at exit 280 off Interstate 40, this property boasts unparalleled visibility and accessibility. Its prime location is further enhanced by its bordering of Highway 56 and First Avenue South, placing it directly across from a Love's Truck Stop and a thriving DR Horton residential development. The synergy of this location offers significant potential for a variety of commercial ventures, capitalizing on the substantial increase in population and economic activity witnessed in Baxter and West Putnam County. The expansive acreage provides ample space for large-scale projects, while the high-traffic location ensures maximum exposure and accessibility for businesses. This property is ideally suited for developers seeking to capitalize on the area's robust growth trajectory and create a significant return on investment. The existing infrastructure and proximity to established businesses create a compelling foundation for immediate development. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. The asking price is $2,250,000.

    Property Features for 56 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    592,416 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Baxter
    County
    Putnam County, TN
    State
    Tennessee
    Longitude
    -85.6427
    Latitude
    36.1285

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    FAQs

    What type of property is this?
    Commercial real estate - 13.6 Acres, I-40 Visibility
    Where is this commercial real estate located?
    The property is located at 56 Hwy Baxter, TN.
    What is the asking price?
    The asking price for this property is $2,250,000.
    (931) 520-7750
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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
    56 Hwy Baxter, TN 38544
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