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Highway Commercial Corner Lot Available
For Sale
$1,295,000

308 Highway 45 Bypass, Three Way, TN 38343

1.70 acre commercial corner lot on Highway 45 Bypass.

Property Size74,052 SF
Lot Size1.70 Acres
Price / SF$17.49
Days on Market833

Property Features for 308 Highway 45 Bypass

General Information

Standard status Active
Size 74,052 SF
Lot size 1.70 Acres
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $1,100
Listing Agency: Hickman Realty Group Inc.-Jack
Listed By: Chris Carothers · License #250361
Source: Exitrealty
Added: Jun 17, 2024 Changed: Sep 10 Last Checked: Sep 15 at 4:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hickman Realty Group Inc.-Jack

Investment Insights

Based on property information with market context.

This commercial corner lot is located on Highway 45 Bypass in Madison County. The property comprises 1.70 acres and is suitable for various highway business uses, including a convenience store or car lot. Situated on one of West Tennessee's fastest-growing traffic corridors, the location is near car dealerships, the new Baptist Hospital & Surgery Center, and the Max Trans Trucking Center.

Key Highlights

  • High‑traffic corner lot location on Highway 45 Bypass.
  • 1.70+- acre commercial lot suitable for various highway businesses.
  • Located in a rapidly growing traffic corridor in West Tennessee.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Restaurant Grocery & Convenience Store Catering Service Hotel & Motel Car Rental Facility

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

172
Businesses Nearby

Demographics for 38343, TN

15,629
Population
7,173
Households
2.2
Avg Household Size
44
Median Age
20%
College-Educated
86%
High-School Grad
142.0 sq mi
ZIP Area
110
Density / Sq Mi
$53,430
Median Household Income
$37,598
Median Earnings
$768
Median Rent
$164,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.70 acre commercial corner lot on Highway 45 Bypass.
Where is this commercial land located?
The property is located at 308 Highway 45 Bypass Three Way, TN.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: High‑traffic corner lot location on Highway 45 Bypass.; 1.70+- acre commercial lot suitable for various highway businesses.; Located in a rapidly growing traffic corridor in West Tennessee.
More about this property
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