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    694 Napier Rd Hohenwald, TN 38462

    For Sale
    $186,200

    Tennessee commercial land near Natchez Trace.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 5-acre commercial parcel presents a unique investment opportunity in Hohenwald, Tennessee. Located conveniently near the Natchez Trace Parkway, this property offers easy access to both local amenities and major transportation routes. Situated just 10 minutes from downtown Hohenwald, home to the renowned Elephant Sanctuary, this land provides a blend of rural tranquility and convenient access to urban centers. The property is also within a 1.5-hour drive of Nashville, an hour from Florence, Alabama, and an hour from Kentucky Lake. While a 1998 manufactured home is present on the site, it is currently uninhabitable. However, existing infrastructure includes a well and septic tank. This land, to be surveyed from a larger 28.2-acre tract, is ideal for a variety of commercial ventures or development projects, offering significant potential for future growth and return on investment. The asking price for this remarkable property is $186,200. The property's address is 694 Napier Road, Hohenwald, TN 38462, in Lewis County.

    Property Features for 694 Napier Rd

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • $186,200 asking price.
    • 5‑acre commercial land parcel.
    • Located in Hohenwald, Lewis County, Tennessee.
    • Adjacent to the Natchez Trace Parkway.
    • Approximately 10 minutes from downtown Hohenwald.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hohenwald
    County
    Lewis
    State
    Tennessee
    Longitude
    -87.4703798
    Latitude
    35.4646434

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    FAQs

    What type of property is this?
    Land - Tennessee commercial land near Natchez Trace.
    Where is this land located?
    The property is located at 694 Napier Rd Hohenwald, TN.
    What is the asking price?
    The asking price for this property is $186,200.
    What are key features of this property?
    This property features: $186,200 asking price.; 5-acre commercial land parcel.; Located in Hohenwald, Lewis County, Tennessee.
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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
    694 Napier Rd Hohenwald, TN 38462
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