Commercial Land with Hotel
For Sale
$344,900
5389 Highway 31 E, Westmoreland, TN 37186
Engineered and approved for a 23-bed hotel with access from multiple roads.
Property SizeContact for details
Days on Market90
Property Features for 5389 Highway 31 E
General Information
Standard status
Active
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$500
Listing Agency:
Gene Carman Real Estate & Auctions
(615) 633-7124
Listed By:
Barry Witcher
(615) 633-7124
Source:
Exprealty
Added: Jun 3
Changed: Aug 30
Last Checked: Aug 30 at 8:09PM
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 Gene Carman Real Estate & Auctions
Investment Insights
Based on property information with market context.
This commercial land tract is engineered and approved for development of a 23-bed hotel. The site fronts Highway 31E and Mallard Sunrise Road, with a 50-foot-wide access road extending to the rear. It also offers 260 feet of frontage along Highway 31E.
Highway 31E and US Highway 231 run concurrently at this location, while the property is also visible from New Highway 52. The tract is located at 5389 Highway 31 E in Westmoreland, with major area businesses surrounding the property. A major fast-food restaurant has been proposed immediately behind the tract. World-class internet service is available at speeds of up to 8 gig.
Highway 31E and US Highway 231 run concurrently at this location, while the property is also visible from New Highway 52. The tract is located at 5389 Highway 31 E in Westmoreland, with major area businesses surrounding the property. A major fast-food restaurant has been proposed immediately behind the tract. World-class internet service is available at speeds of up to 8 gig.
Key Highlights
- Engineered and approved for a 23‑bed hotel
- 260 feet of frontage on Highway 31E
- Frontage on Highway 31E and Mallard Sunrise Road
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
Explore this area
Business Placement
Demographics for 37186, TN
10,263
Population
4,168
Households
2.5
Avg Household Size
39
Median Age
9%
College-Educated
82%
High-School Grad
107.9 sq mi
ZIP Area
95
Density / Sq Mi
$57,133
Median Household Income
$35,433
Median Earnings
$970
Median Rent
$193,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Engineered and approved for a 23-bed hotel with access from multiple roads.
Where is this commercial land located?
The property is located at 5389 Highway 31 E Westmoreland, TN.
What is the asking price?
The asking price for this property is $344,900.
What are key features of this property?
This property features: Engineered and approved for a 23‑bed hotel; 260 feet of frontage on Highway 31E; Frontage on Highway 31E and Mallard Sunrise Road
