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    30 Us-70 Mason, TN 38049

    For Sale
    $1,600,000

    Prime Commercial Land, Hwy 70 & 59

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0.91-acre commercial land parcel, located at 30 US-70 N in Mason, Tennessee (zip code 38049), presents a unique investment opportunity. The property boasts a substantial 39,639.6 square feet of land, ideally situated at the high-traffic intersection of Highways 70 and 59, ensuring maximum visibility and accessibility. Its coveted commercial zoning allows for a wide range of development possibilities, making it perfect for businesses seeking high exposure. The strategic location offers easy access to Covington via Hwy 59, and connects to both the burgeoning Ford Blue Oval City to the east and the major metropolitan area of Memphis to the west via Hwy 70. This prime location within Mason's commercial core promises significant growth potential and substantial return on investment. The asking price for this exceptional property is $1,600,000. Don't miss this chance to secure a prominent position in a thriving Tennessee market. This is a rare opportunity to acquire a highly visible and strategically located commercial lot with significant development potential.

    Property Features for 30 Us-70

    General Information

    Property type
    Land

    HighLights

    • $1,600,000 asking price.
    • 0.91‑acre commercial land parcel.
    • 39,639.6 square foot lot size.
    • High‑visibility location at the intersection of Hwy 70 and Hwy 59 in Mason, TN.
    • Excellent access to Covington (via Hwy 59), Ford Blue Oval City, and Memphis (via Hwy 70).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mason
    County
    Tipton
    State
    Tennessee
    Longitude
    -89.5345756
    Latitude
    35.4132083

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Hwy 70 & 59
    Where is this land located?
    The property is located at 30 Us-70 Mason, TN.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: $1,600,000 asking price.; 0.91-acre commercial land parcel.; 39,639.6 square foot lot size.
    Request Owner's contact information
    30 Us-70 Mason, TN 38049
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    Mason, TN 38049
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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
    30 Us-70 Mason, TN 38049
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