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    Hillsboro Blvd Manchester, TN 37355

    Sponsored
    For Sale
    $1,690,000

    High-visibility, 0.95-acre commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.95-acre commercial land parcel presents a prime investment opportunity in the thriving Manchester, Tennessee market. Boasting 188 feet of road frontage directly off Exit 114 of Interstate 24, this highly visible property benefits from an estimated 22,000 vehicles passing daily. Its strategic location offers easy access to a major interstate, placing it within a 30-minute drive of Murfreesboro and an hour from both Chattanooga and Nashville. The property is zoned for commercial use, allowing for a wide range of development possibilities. A survey is readily available for review. Manchester's robust economic growth and tourism sector, detailed in available online resources from the Manchester/Coffee County Chamber of Commerce and the Middle Tennessee Industrial Development Association, further underscore the potential of this exceptional site. This is an unparalleled chance to capitalize on a high-traffic location in a rapidly expanding area. Don't miss this opportunity to secure a piece of Manchester's vibrant commercial landscape. The asking price is $1,690,000.

    Property Features for 0 Hillsboro Blvd

    General Information

    Property type
    Land
    Lot Size
    41,382 SF

    HighLights

    • $1,690,000 asking price for 0.95 acres of commercially zoned land.
    • Located on Hillsboro Blvd in Manchester, Tennessee, zip code 37355.
    • High visibility due to proximity to Interstate 24 Exit 114, with approximately 22,000 cars passing daily.
    • 30 minutes from Murfreesboro and 1 hour from both Chattanooga and Nashville.
    • Survey available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Manchester
    County
    Coffee
    State
    Tennessee
    Longitude
    -86.062778998724
    Latitude
    35.461634277345

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - High-visibility, 0.95-acre commercial lot.
    Where is this land located?
    The property is located at Hillsboro Blvd Manchester, TN.
    What is the asking price?
    The asking price for this property is $1,690,000.
    What are key features of this property?
    This property features: $1,690,000 asking price for 0.95 acres of commercially zoned land.; Located on Hillsboro Blvd in Manchester, Tennessee, zip code 37355.; High visibility due to proximity to Interstate 24 Exit 114, with approximately 22,000 cars passing daily.
    Request Owner's contact information
    Hillsboro Blvd Manchester, TN 37355
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    Manchester, TN 37355
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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
    Hillsboro Blvd Manchester, TN 37355
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