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    140 Neda Dr South Pittsburg, TN 37380

    For Sale
    $200,000

    High-visibility vacant lot, ideal for redevelopment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 2.63-acre vacant lot presents a unique redevelopment opportunity in South Pittsburg, Tennessee. Located at 140 Neda Dr, this property boasts exceptional visibility from I-24, Exit 152B, and is situated directly on US 72, making it the first available commercial site after exiting the interstate. The property's zoning is currently residential, but holds potential for commercial use. Given its strategic location, this land is perfectly suited for a variety of commercial ventures, including a convenience store, gas station, or restaurant. Its proximity to major transportation arteries offers unparalleled access to a large customer base. The asking price is $200,000. The property is 25 miles from Chattanooga, 100 miles from Nashville, and 75 miles from Huntsville, providing access to a substantial regional market. This is a rare chance to acquire a high-visibility lot with significant development potential in a rapidly growing area. APN: 058133KA03000. The property is currently vacant and offers immediate development possibilities.

    Property Features for 140 Neda Dr

    General Information

    Property type
    Individual retail properties
    Lot Size
    114,563 SF

    HighLights

    • 2.63‑acre vacant lot in South Pittsburg, TN, ideal for redevelopment.
    • High visibility from I‑24, Exit 152B, and US 72; first commercial site after interstate exit.
    • Currently residentially zoned, but with commercial potential.
    • Suitable for various commercial uses, including convenience store, gas station, or restaurant.
    • $200,000 asking price.
    • Convenient access to Chattanooga, Nashville, and Huntsville.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Nail Salon Auto Parts Store Pharmacy Clothing Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Pittsburg
    County
    Marion
    State
    Tennessee
    Longitude
    -85.69372075373
    Latitude
    35.036231910876

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    FAQs

    What type of property is this?
    Individual retail property - High-visibility vacant lot, ideal for redevelopment.
    Where is this individual retail property located?
    The property is located at 140 Neda Dr South Pittsburg, TN.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: 2.63-acre vacant lot in South Pittsburg, TN, ideal for redevelopment.; High visibility from I-24, Exit 152B, and US 72; first commercial site after interstate exit.; Currently residentially zoned, but with commercial potential.
    Request Owner's contact information
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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
    140 Neda Dr South Pittsburg, TN 37380
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