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    152 Hwy Medina, TN 38355

    For Sale
    $650,000

    48.7 Acres, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 48.7-acre farm presents a unique development opportunity nestled in the highly desirable Medina, Tennessee school zone. Located at 0 Highway 152, Gibson County, TN 38355 (35.8050339, -88.7595502), this property offers unparalleled flexibility for various projects. The asking price is $650,000. Situated in one of West Tennessee's fastest-growing communities, this land boasts multiple price point opportunities, making it ideal for a range of development plans. Detailed residential schematics are available for review, providing a solid foundation for potential buyers. The expansive acreage allows for subdivision, creating the possibility of developing exclusive estate lots. A key feature is the potential for lots overlooking a private lake, adding significant value and desirability to future residential developments. This prime location within the Medina school district offers a compelling combination of rural tranquility and convenient access to amenities. The property's size and location make it an attractive investment for developers seeking to capitalize on the area's growth. Serious inquiries are encouraged to explore the full potential of this remarkable land offering.

    Property Features for 152 Hwy

    General Information

    Property type
    Farms
    Lot Size
    2,121,372 SF

    HighLights

    • 48.7‑acre farm in Medina, TN school district, offering flexible development potential.
    • Asking price: $650,000. Located at 0 Highway 152, Gibson County, TN 38355 (35.8050339, -88.7595502).
    • Multiple price point opportunities ideal for various development plans; residential schematics available.
    • Suitable for subdivision into exclusive estate lots, some overlooking a private lake.
    • Prime location combines rural setting with convenient access to amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Medina
    County
    Gibson
    State
    Tennessee
    Longitude
    -88.7595502
    Latitude
    35.8050339

    Nearby Similar for Sale

    • $2,294,000
      Pending

      Scenic Farm with Productive Land

      Scenic 148-acre farm in Medina, TN, suitable for various crops.
      Us 45 Byp, Medina, TN 38355
      View Details

    FAQs

    What type of property is this?
    Farm - 48.7 Acres, Development Potential
    Where is this farm located?
    The property is located at 152 Hwy Medina, TN.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 48.7-acre farm in Medina, TN school district, offering flexible development potential.; Asking price: $650,000. Located at 0 Highway 152, Gibson County, TN 38355 (35.8050339, -88.7595502).; Multiple price point opportunities ideal for various development plans; residential schematics available.
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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
    152 Hwy Medina, TN 38355
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