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Commercial Land Near Dollar General
For Sale
$225,000

5351 Nika Drive, Three Way, TN 38343

Land, Three Way, TN

Property SizeContact for details
Lot Size0.97 Acres
Days on Market490

Property Features for 5351 Nika Drive

General Information

Property type Land
Property subtype Other
Elementary school district Jackson Madison Consolidated District
Standard status Active
APN 016K A 005.00
Lot size 0.97 Acres

Taxes and HOA fees

Tax Description Annex 2-5-04
Tax Annual Amount 1122
Legal Description Annex 2-5-04

Utilities

Water front features Pond
Water front 1
Listing Agency: Hickman Realty Group Inc.-Jack
Listed By: Tami S. Reid · License #250073
Added: Jun 4, 2025 Changed: Aug 19 Last Checked: Oct 6 at 4:06AM
MLS# 2502574

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 0.97-acre commercial land parcel is located on the Hwy 45 Bypass in Three Way, Tennessee. The property carries a pond waterfront feature and is addressed at 5351 Nika Drive, Three Way, TN 38343.

Dollar General is next to the site, while Jones Motor Co. is located across the street. The surrounding commercial context supports consideration of retail, medical, office, or car-lot uses identified in the property information. The parcel is within Madison County and carries postal code 38343.

Key Highlights

  • 0.97‑acre commercial land parcel
  • Located on the Hwy 45 Bypass in Three Way, TN
  • Next to Dollar General

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop HVAC Service Plumbing Service Auto Parts Store Furniture & Home Goods 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

46
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 - Commercial site along the Hwy 45 Bypass, positioned beside established retail and across from an automotive business.
Where is this commercial land located?
The property is located at 5351 Nika Drive Three Way, TN.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 0.97‑acre commercial land parcel; Located on the Hwy 45 Bypass in Three Way, TN; Next to Dollar General
More about this property
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