Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Highway 64 Oakland, TN 38060

    For Sale
    $868,640

    Tennessee acreage, excellent investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 57.05-acre commercial land parcel, identified as Lot 3 on Hwy. 64 in Oakland, Tennessee, presents a compelling investment opportunity. Located in Fayette County, zip code 38060, this property boasts a sizable 43,432 square foot area, offering significant development potential. The asking price is $868,640, translating to an attractive price per acre of $20. Given its size and strategic location in Oakland, this land is ideally suited for a variety of commercial ventures. The property's address is Hwy. 64, Oakland, TN. Its precise geographical coordinates are latitude 35.229381 and longitude -89.4992786. Prospective buyers will find this parcel to be a highly desirable asset due to its size, price point, and location within a growing community. The land is currently designated for commercial use, providing immediate development possibilities. Serious inquiries are encouraged to explore the full potential of this significant landholding. This is a rare opportunity to acquire a substantial tract of commercial land in a desirable Tennessee location. The property's size and price per acre make it a highly competitive offering in the current market. Further due diligence is recommended to fully assess the development potential and suitability for specific commercial projects.

    Property Features for 0 Highway 64

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 57.05‑acre commercial land parcel in Oakland, TN.
    • Located on Hwy. 64, Fayette County, zip code 38060.
    • 43,432 square feet, priced at $868,640 ($15,200/acre).
    • Zoned for commercial use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oakland
    County
    Fayette
    State
    Tennessee
    Longitude
    -89.4992786
    Latitude
    35.229381

    Nearby Comparable

    • $782,802
      1.00 Acre

      Hwy 64 Commercial Land Opportunity

      Prime Oakland, TN commercial lot - 57 acres
      0 Highway 64, Oakland, TN 38060
      View Details
    • $1,432,800
      15.92 Acres

      Hwy 64 Oakland Commercial Land

      16-Acre Commercial Land, Hwy 64 Frontage
      0000 Us-64, Oakland, TN 38060
      View Details
    • $259,900
      2.85 Acres

      Highway 64 Land Opportunity

      2.85 acres of commercial land with existing utilities.
      17775 Highway 64, Somerville, TN 38068
      View Details
    • $399,000

      Office Building in Somerville, TN

      Office space available in Somerville, Fayette County.
      17985 Highway 64, Somerville, TN 38068
      View Details
    • $300,000
      2.85 Acres

      Oakland Commercial Land - Hwy 64

      2.85 Acres, Commercial Zoning, High Traffic
      0 Green Valley Dr, Oakland, TN 38060
      View Details
    • $300,000

      2.85 Acres Vacant Commercial Land

      2.85 acres of vacant land with commercial zoning.
      Green Valley Dr, Oakland, TN 38060
      View Details

    Nearby Similar for Sale

    • $2,143,000

      New Construction Drive-Thru Investment

      New construction drive-thru property with long-term corporate lease.
      25 West Land Way, Oakland, TN 38060
      View Details
    • Contact for pricing

      High-Traffic Hwy 64 Commercial Lease

      Oakland, TN: Prime Commercial Land Lease
      1475 Hwy 64 Hwy, Oakland, TN 38028
      View Details
    • $2,000,000

      6085 Hwy 64 Hwy, Oakland, TN 38060

      Commercial real estate
      6085 Hwy 64 Hwy, Oakland, TN 38060
      View Details

    FAQs

    What type of property is this?
    Land - Tennessee acreage, excellent investment.
    Where is this land located?
    The property is located at Highway 64 Oakland, TN.
    What is the asking price?
    The asking price for this property is $868,640.
    What are key features of this property?
    This property features: 57.05-acre commercial land parcel in Oakland, TN.; Located on Hwy. 64, Fayette County, zip code 38060.; 43,432 square feet, priced at $868,640 ($15,200/acre).
    Request Owner's contact information
    Highway 64 Oakland, TN 38060
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Highway 64
    Oakland, TN 38060
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Highway 64 Oakland, TN 38060
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.