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    Manchester Hwy Morrison, TN 37357

    For Sale
    $350,000

    Prime 16-acre commercial lot, ready for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 16-acre commercial land parcel presents a unique development opportunity within the city limits of McMinnville, Tennessee. Situated on the southwest side of town, this property offers convenient access to essential utilities, including readily available gas, sewer, and water connections. The expansive lot size provides ample space for a variety of commercial ventures, making it ideal for businesses seeking significant development potential. Located in Warren County, McMinnville is the county seat and largest city, boasting a population of 13,605 (2010 Census). The property's address is Manchester Highway, McMinnville, TN 37357, and is conveniently located within the vibrant and growing community of McMinnville. This prime location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strategic foothold in this thriving area of Middle Tennessee. The property is available immediately, allowing for a swift commencement of development plans. This is a rare opportunity to acquire a substantial commercial land parcel in a desirable location, offering significant potential for future growth and return on investment. The asking price for this exceptional property is $350,000.

    Property Features for 0 Manchester Hwy

    General Information

    Property type
    Land
    Lot Size
    696,960 SF

    HighLights

    • Immediately Available for Lease
    • High‑traffic location with excellent visibility
    • Modern, efficient floor plan ideal for various uses
    • Competitive rental rates and flexible lease terms
    • Ample on‑site parking available
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Morrison
    County
    Warren
    State
    Tennessee
    Longitude
    -85.8822001
    Latitude
    35.6202424

    Nearby Comparable

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      10.9 Acres Developable Industrial Site

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    Nearby Similar for Sale

    • $2,280,000
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      Morrison, TN Warehouse Investment

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    FAQs

    What type of property is this?
    Land - Prime 16-acre commercial lot, ready for development.
    Where is this land located?
    The property is located at Manchester Hwy Morrison, TN.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Immediately Available for Lease; High-traffic location with excellent visibility; Modern, efficient floor plan ideal for various uses
    (931) 284-9098
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    Manchester Hwy Morrison, TN 37357
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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
    Manchester Hwy Morrison, TN 37357
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