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    9890 Lk District Pd Dr Lakeland, TN

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    For Sale
    Contact for pricing

    Outparcels available for retail development near I-40 and Canada Rd.

    Lot size:
    1.64 Acres

    Property Features for 9890 Lk District Pd Dr

    General Information

    Lot size
    1.64 Acres

    Source: Cushman & Wakefield | Commercial Advisors - Memphis Agent Carson Claybrook

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Development Land Available

    This commercial land is available for retail development at the intersection of I-40 and Canada Road. The property benefits from high visibility from Interstate 40 at Exit 20. Traffic counts show an annual average daily traffic (AADT) of 69,131 on I-40 and 17,657 on Canada Road. The location is approximately 23 miles from Blue Oval City, where Ford is planning to build the next generation of electric Ford F-Series trucks.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Lakeland
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.7403606
    Latitude
    35.2306435

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    FAQs

    What type of property is this?
    Commercial land - Outparcels available for retail development near I-40 and Canada Rd.
    Where is this commercial land located?
    The property is located at 9890 Lk District Pd Dr Lakeland, TN.
    What are key features of this property?
    This property features: - Excellent visibility from Interstate 40 at Exit 20; - Outparcels available at the Lake District; - Proximity to Blue Oval City (approximately 23 miles)
    (901) 252-6483
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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
    9890 Lk District Pd Dr Lakeland, TN
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