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    1248 Woodbury Hwy Manchester, TN 37355

    For Sale
    $1,500,000

    11.5 Acres, High-Traffic I-24 Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 11.5-acre commercial property presents a unique investment opportunity in the rapidly expanding Coffee County, Tennessee. Strategically located just off Interstate 24 at exit 111, this parcel benefits from exceptionally high traffic volume, ensuring significant visibility and accessibility for any commercial venture. The land was recently subdivided from a larger tract, offering a clean slate for development. The address provided is an estimate for GPS purposes

    Property Features for 1248 Woodbury Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    500,940 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Pharmacy Gym & Fitness Hotel & Motel Department Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Coffee County, TN
    State
    Tennessee
    Longitude
    -86.08573
    Latitude
    35.50397

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    FAQs

    What type of property is this?
    Commercial real estate - 11.5 Acres, High-Traffic I-24 Location
    Where is this commercial real estate located?
    The property is located at 1248 Woodbury Hwy Manchester, TN.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (931) 728-2800
    Request Owner's contact information
    1248 Woodbury Hwy Manchester, TN 37355
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    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
    1248 Woodbury Hwy Manchester, TN 37355
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