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308 W Palestine Avenue, Obion, TN 38240

LOTS/LAND, Obion, TN

Property SizeContact for details
Lot Size0.33 Acres
Days on Market254

Property Features for 308 W Palestine Avenue

General Information

Property type Commercial Sale
Property subtype Other
Lot features In City Limits
Directions Take Obion exit off of Highway 51, in 1.3 miles the lot will be on your right just before the Police & Fire Station
Subdivision 019 OBION
Standard status Active
Lot size 0.33 Acres
Listing Agency: HOMETOWN REALTY GROUP
Listed By: JON-TYLER HAMIL · License #380706
Added: Jan 16 Changed: Sep 7 Last Checked: Sep 27 at 8:06AM
MLS# 46128

Copyright © 2026 Reelfoot Regional 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 0.33-acre commercial land parcel is level and positioned for development in Obion, Tennessee. Public utilities and high-speed internet access are available, providing key infrastructure for future commercial use.

The property is located at 308 W Palestine Avenue in Obion, TN 38240. Its commercial classification and existing utility access support a range of potential development plans, subject to applicable approvals.

Key Highlights

  • 0.33‑acre commercial land parcel
  • Level site suitable for commercial development
  • Access to public utilities

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Catering Service Hair Salon Home Appliance Store Storage 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

47
Businesses Nearby

Demographics for 38240, TN

1,970
Population
972
Households
2
Avg Household Size
43
Median Age
11%
College-Educated
84%
High-School Grad
85.1 sq mi
ZIP Area
23
Density / Sq Mi
$58,468
Median Household Income
$43,438
Median Earnings
$929
Median Rent
$98,900
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 - Level commercial parcel with public utilities and high-speed internet access.
Where is this commercial land located?
The property is located at 308 W Palestine Avenue Obion, TN.
What are key features of this property?
This property features: 0.33‑acre commercial land parcel; Level site suitable for commercial development; Access to public utilities
More about this property
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