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    641 Garrett Pkwy Lewisburg, TN 37091

    For Sale
    Contact for pricing

    26 Acres, I-65 Proximity, Build-to-Suit

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 26.03-acre industrial land parcel presents a unique investment opportunity in Marshall County, Tennessee. Strategically located at 641 Garrett Parkway in Lewisburg, TN 37091, this property boasts a highly desirable 1-2 zoning designation, opening doors to a wide range of development possibilities. Its convenient location offers easy access to major transportation arteries, situated just 16 miles from Interstate 65, providing seamless connectivity to both Huntsville, Alabama, and Nashville, Tennessee. This central location also places the property within close proximity to several automotive manufacturing plants in the region, making it an attractive site for businesses supporting this vital industry. The site benefits from readily available public utilities, including electricity, water, and sewer services, simplifying the development process. Furthermore, build-to-suit opportunities are available, allowing for customized development to meet specific business needs. This expansive tract of land offers significant potential for industrial development, warehousing, or manufacturing facilities, making it an ideal choice for investors seeking a prime location with excellent infrastructure and accessibility. The property's size and zoning make it suitable for a variety of projects, ensuring a strong return on investment. Don't miss this chance to acquire a premier industrial land parcel in a thriving Tennessee market.

    Property Features for 641 Garrett Pkwy

    General Information

    Property type
    Land
    Lot Size
    1,133,867 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Food Market Kitchen & Bath Bar & Pub Garden Center Electrical Service Furniture Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lewisburg
    County
    Marshall
    State
    Tennessee
    Longitude
    -86.7508157
    Latitude
    35.4357254

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    FAQs

    What type of property is this?
    Land - 26 Acres, I-65 Proximity, Build-to-Suit
    Where is this land located?
    The property is located at 641 Garrett Pkwy Lewisburg, TN.
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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
    641 Garrett Pkwy Lewisburg, TN 37091
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