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40 Acres on Hwy 70E
For Sale
$4,000,000

2142 Hwy 70 E, Jackson, TN 38305

LAND - Jackson, TN

Property SizeContact for details
Lot Size40.00 Acres
Days on Market513

Property Features for 2142 Hwy 70 E

General Information

Property type Land
Property subtype Other
Directions From Jackson, travel east on I-40 to Exit 87, left on Hwy 70 E for 1/4 mile, property on right.
Standard status Active
APN 042 053.00
Lot size 40.00 Acres

Taxes and HOA fees

Tax Description Madison County Zones B-3 & FAR
Tax Annual Amount 2905
Legal Description Madison County Zones B-3 & FAR

Utilities

Utilities Water Available
Water source Public
Listing Agency: Coldwell Banker Southern Realty · Coldwell Banker Real Estate
Listed By: Lee W. Godfrey · License #058537
Added: Mar 17, 2025 Changed: May 13 Last Checked: Aug 11 at 7:06AM
MLS# 2501120

Copyright © 2026 Central West Tennessee Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property consists of 40 acres located at the southeast corner of Hwy 70E and Cave House Rd, approximately 1/4 mile north of I-40, Exit 87. The land is currently situated just outside the city limits of Jackson, TN, but can be annexed into the city upon request. Once annexed, the property can be rezoned and will have access to sewer services. The property is divisible and suitable for multiple uses once rezoned, including a truck terminal, truck stop, hotel, restaurant, or light industrial development.

Key Highlights

  • 40 Acres (more or less) with potential for division.
  • Located at the southeast corner of Hwy 70E and Cave House Rd, near I‑40 (Exit 87).
  • Outside city limits with potential for annexation into Jackson, TN.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Auto Repair Shop Auto Parts Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

126
Businesses Nearby

Demographics for 38305, TN

52,686
Population
22,950
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
94%
High-School Grad
128.0 sq mi
ZIP Area
412
Density / Sq Mi
$66,292
Median Household Income
$37,416
Median Earnings
$1,201
Median Rent
$221,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 40 acres near I-40 with multiple development possibilities.
Where is this commercial land located?
The property is located at 2142 Hwy 70 E Jackson, TN.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 40 Acres (more or less) with potential for division.; Located at the southeast corner of Hwy 70E and Cave House Rd, near I‑40 (Exit 87).; Outside city limits with potential for annexation into Jackson, TN.
More about this property
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