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    51 And Mclaughlin Dr Munford, TN 38058

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    For Sale
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    42 Acres, Hwy 51 Frontage, Zoned PB

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 42-acre commercial land parcel presents a remarkable investment opportunity in Munford, Tennessee. Strategically located at the intersection of Highway 51 and McLaughlin Drive, this property boasts significant frontage along a major thoroughfare experiencing approximately 20,000 vehicles daily. The high-traffic location ensures maximum visibility and accessibility for any commercial venture. The property is zoned PB (Planned Business), allowing for a diverse range of development options. Potential uses include, but are not limited to, office buildings, retail spaces, mini-storage facilities, and auto dealerships. The expansive lot size offers flexibility for large-scale projects or the possibility of subdivision into smaller parcels, catering to various development needs and budgets. Situated in Tipton County, Tennessee, with a 38058 zip code, this location offers convenient access to regional transportation networks and a growing community. This is an unparalleled chance to acquire a highly visible and versatile commercial property in a thriving area. The property's prime location and flexible zoning make it an ideal investment for both immediate development and long-term growth.

    Property Features for 51 And Mclaughlin Dr

    General Information

    Property type
    Land
    Lot Size
    1,829,520 SF

    HighLights

    • 42‑acre commercial land parcel in Munford, TN.
    • High‑traffic location on Highway 51 and McLaughlin Drive, with approximately 20,000 vehicles daily.
    • Subdividable lot.
    • PB (Planned Business) zoning.
    • Suitable for office, retail, mini‑storage, and auto dealership uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Munford
    County
    Tipton
    State
    Tennessee
    Longitude
    -89.7822529
    Latitude
    35.4494971

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    FAQs

    What type of property is this?
    Land - 42 Acres, Hwy 51 Frontage, Zoned PB
    Where is this land located?
    The property is located at 51 And Mclaughlin Dr Munford, TN.
    What are key features of this property?
    This property features: 42-acre commercial land parcel in Munford, TN.; High-traffic location on Highway 51 and McLaughlin Drive, with approximately 20,000 vehicles daily.; Subdividable lot.
    (901) 292-4595
    Request Owner's contact information
    51 And Mclaughlin Dr Munford, TN 38058
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    Munford, TN 38058
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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
    51 And Mclaughlin Dr Munford, TN 38058
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