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    Us-51 Union City, TN 38261

    Sponsored
    For Sale
    $3,312,000

    14.72 Acres, Prime Location, US-51

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 14.72-acre commercial land parcel presents a unique investment opportunity in Union City, Tennessee. Strategically situated at the intersection of US-51, the new Interstate 69, and the proposed Highway 45, this vacant tract enjoys unparalleled access and visibility. Its location on the southern edge of Union City offers significant potential for various commercial developments. The property's size and prime location make it particularly well-suited for a truck stop, catering to the high volume of traffic expected from the intersecting major roadways. The asking price is $3,312,000. Detailed site surveys and environmental reports are available upon request. This is a rare chance to acquire a substantial piece of commercial real estate in a rapidly developing area with excellent transportation links. The property is located in Obion County, Tennessee, with a zip code of 38261. The geographic coordinates are latitude 36.39994591 and longitude -89.09120975. Prospective buyers are encouraged to conduct their own due diligence to confirm all aspects of the property and its suitability for their intended use. This property offers significant potential for substantial returns on investment.

    Property Features for 0 Us-51

    General Information

    Property type
    Land

    HighLights

    • 14.72‑acre vacant commercial land parcel in Union City, TN.
    • Located at the intersection of US‑51, I‑69, and proposed Highway 45.
    • Ideally suited for a truck stop.
    • Asking price: $3,312,000.
    • Located in Obion County, TN, zip code 38261.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Union City
    County
    Obion
    State
    Tennessee
    Longitude
    -89.09120975
    Latitude
    36.39994591

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    FAQs

    What type of property is this?
    Land - 14.72 Acres, Prime Location, US-51
    Where is this land located?
    The property is located at Us-51 Union City, TN.
    What is the asking price?
    The asking price for this property is $3,312,000.
    What are key features of this property?
    This property features: 14.72-acre vacant commercial land parcel in Union City, TN.; Located at the intersection of US-51, I-69, and proposed Highway 45.; Ideally suited for a truck stop.
    Request Owner's contact information
    Us-51 Union City, TN 38261
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Us-51 Union City, TN 38261
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