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    6333 Nashville Hwy Baxter, TN 38544

    For Sale
    $4,999,000

    12.9 Acres, Mixed-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 12.9-acre commercial property in Baxter, Tennessee, presents a remarkable development opportunity. Located at a soon-to-be signalized intersection on Highway 56, this unimproved tract boasts 1942 feet of paved county road frontage. Its strategic location is adjacent to a new 88-home development by D.R. Horton's Express Home division, indicating significant growth in the area. West Putnam County is experiencing substantial expansion, further enhanced by recently announced infrastructure upgrades from Putnam County and TDOT, improving sewer capacity and the Highway 56 and Interstate 40 corridor. The property is zoned commercial and offers utilities including sewer and water from a utility district. Nearby schools include Baxter Elementary, Cornerstone Middle, and Upperman High School. This site is ideal for a variety of mixed-use developments, capitalizing on the area's robust growth and prime location. The asking price is $4,999,000. Directions: From Putnam County Community Hospital, head south toward S Lowe Ave, turn right onto S Lowe Ave, turn left onto E Spring St, continue onto US 70 N/W Broad St approximately 6.4 miles

    Property Features for 6333 Nashville Hwy

    General Information

    Property type
    Self storage facilities
    Lot Size
    561,924 SF

    HighLights

    • 1942 feet of paved county road frontage.
    • County road frontage with paved surface.
    • Baxter Elementary, Cornerstone Middle, and Upperman High Schools nearby.
    • Sewer and water available via utility district.
    • 12.9‑acre unimproved commercial tract.
    • Directions: From Putnam County Community Hospital, head south on S Lowe Ave, turn right, then left onto E Spring St, continue onto US 70 N/W Broad St (approx. 6.4 miles); property on the right.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Wholesale Shop Clothing Store Gym & Fitness Storage Facility Grocery Store Furniture Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Baxter
    County
    Putnam
    State
    Tennessee
    Longitude
    -85.6258243
    Latitude
    36.1720531

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    FAQs

    What type of property is this?
    Self storage facility - 12.9 Acres, Mixed-Use Potential
    Where is this self storage facility located?
    The property is located at 6333 Nashville Hwy Baxter, TN.
    What is the asking price?
    The asking price for this property is $4,999,000.
    What are key features of this property?
    This property features: 1942 feet of paved county road frontage.; County road frontage with paved surface.; Baxter Elementary, Cornerstone Middle, and Upperman High Schools nearby.
    Request Owner's contact information
    6333 Nashville Hwy Baxter, TN 38544
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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
    6333 Nashville Hwy Baxter, TN 38544
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