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

    Tn-56 Baxter, TN 38544

    Sponsored
    For Sale
    $2,250,000

    13.6-acre prime commercial site, high visibility.

    Property size:
    592,416 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 13.6-acre development tract presents a unique investment opportunity in Baxter, Tennessee. Strategically located at Interstate 40 Exit 280, this C-2 zoned property boasts unparalleled visibility and accessibility. Its prime location offers easy access to Highway 56, placing it in close proximity to a Loves Truck Stop and a thriving DR Horton residential development, ensuring high traffic volume and strong potential for various commercial ventures. The property's size and zoning allow for a multitude of development options, catering to diverse needs. The City of Baxter and West Putnam County are experiencing significant growth, making this a particularly attractive investment with a projected 10% cap rate. The vacant land offers a blank canvas for developers seeking to capitalize on the area's dynamic expansion. This is a rare opportunity to acquire a substantial parcel in a rapidly developing area with excellent infrastructure and high visibility. The property is easily accessible from I-40 West, taking Exit 280, then turning right onto Baxter Road, left onto 1st Avenue South, and finally taking the right-hand driveway. The property is situated at the end of this driveway. The total square footage is 592,416 square feet. The asking price is $2,250,000.

    Property Features for 0 Tn-56

    General Information

    Property type
    Multifamily properties
    Square Feet
    592,416 SF

    HighLights

    • 13.6‑acre development site in Baxter, TN, at I‑40 Exit 280.
    • High‑visibility C‑2 zoned lot.
    • Excellent I‑40 and Hwy 56 access, near Loves Truck Stop and a DR Horton community.
    • Located in a high‑growth area.
    • $2,250,000 asking price, 10% cap rate, vacant, broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Map

    City
    Baxter
    County
    Putnam
    State
    Tennessee
    Longitude
    -85.6858086
    Latitude
    36.1155719

    Nearby Comparable

    • $219,000
      10.52 Acres

      Land with Barn and Shop

      10.52 acres with barn, shop, spring, and build sites.
      Arnold Thomas Rd, Silver Point, TN 38582
      View Details
    • $2,250,000
      13.60 Acres

      Prime Baxter Development Land

      13.6 Acres, I-40 Visibility
      56 Hwy, Baxter, TN 38544
      View Details
    • $2,199,000
      11.14 Acres

      Prime Interstate Commercial Land Parcel

      Commercial land parcel near I-40 Exit 280 in Baxter, TN.
      Baxter Rd, Baxter, TN 38544
      View Details
    • $775,000
      4.76 Acres

      Prime Baxter Commercial Land

      I-40 Views, 4.76 Acres, C2 Zoned
      Olan Maxwell Rd, Baxter, TN 38544
      View Details
    • $65,000
      1.92 Acres

      Crawford, TN Riverfront Land

      1.92 acres with river access and swimming hole.
      1.95 Ac Steel Tram Rdg Ln, Crawford, TN 38544
      View Details

    Nearby Similar for Sale

    • $398,000
      2,800 SF

      Retail Property Near Cordell Hull

      2,800 SF retail property near Cordell Hull Lake.
      11855 Nashville Hwy, Baxter, TN 38544
      View Details
    • $340,000

      Unrestricted Farm Land in Baxter

      16.02 acres of surveyed, unrestricted farm land.
      Bloomington Rd, Baxter, TN 38544
      View Details
    • $414,900
      2,964 SF

      Spacious Home in Quiet Cul-de-Sac

      2964 sq ft home with finished basement and pool.
      177 Prosperity Dr, Baxter, TN 38544
      View Details
    • $147,900
      700 SF

      Remodeled Mobile Home with Garage

      Newly remodeled mobile home with garage/workshop on a quarter acre.
      4250 Window Cliff Rd, Baxter, TN 38544
      View Details
    • $2,250,000
      13.60 Acres

      Prime Baxter Development Land

      13.6 Acres, I-40 Visibility
      56 Hwy, Baxter, TN 38544
      View Details
    • $6,900,000
      26,189 SF

      Prime Baxter Winery & Vineyards

      Thriving TN Winery, 22 Acres, Events Center
      600 Lance Dr, Baxter, TN 38544
      View Details
    • $775,000
      4.76 Acres

      Prime Baxter Commercial Land

      I-40 Views, 4.76 Acres, C2 Zoned
      Olan Maxwell Rd, Baxter, TN 38544
      View Details

    FAQs

    What type of property is this?
    Multifamily property - 13.6-acre prime commercial site, high visibility.
    Where is this multifamily property located?
    The property is located at Tn-56 Baxter, TN.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: 13.6-acre development site in Baxter, TN, at I-40 Exit 280.; High-visibility C-2 zoned lot.; Excellent I-40 and Hwy 56 access, near Loves Truck Stop and a DR Horton community.
    Request Owner's contact information
    Tn-56 Baxter, TN 38544
    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.
    Tn-56
    Baxter, TN 38544
    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
    Tn-56 Baxter, TN 38544
    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.