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    Highway 22 McKenzie, TN 38201

    Sponsored
    For Sale
    $529,000

    Prime 2-acre commercial lot, Hwy 22 frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2-acre commercial land parcel presents a remarkable investment opportunity in McKenzie, Tennessee. Strategically located on Highway 22, a major north/south thoroughfare, this property boasts excellent visibility and accessibility. Its prime location directly across from a high school ensures a consistent flow of potential customers, while its proximity to other established businesses further enhances its appeal. The property also benefits from frontage on a secondary road, providing multiple access points and increased exposure. Zoned for commercial use, this versatile land is ideally suited for a wide range of businesses, including but not limited to convenience stores, gas stations, fast-food restaurants, and other retail establishments. The expansive 2-acre lot offers ample space for development, allowing for significant flexibility in design and construction. The asking price is $529,000. This is a rare chance to acquire a highly desirable commercial property in a thriving community. Don't miss this opportunity to establish your business in a location with exceptional potential for growth and success. The property is located at 0 Highway 22, McKenzie, TN 38201, in Carroll County.

    Property Features for 0 Highway 22

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • 2‑acre commercial land parcel in McKenzie, TN.
    • High‑visibility location on Highway 22, a major north/south thoroughfare.
    • Excellent accessibility and high traffic counts due to proximity to a high school and other businesses.
    • Multiple access points via frontage on a secondary road.
    • Commercial zoning allows for various uses, including retail, restaurants, and convenience stores.
    • Asking price: $529,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McKenzie
    County
    Carroll
    State
    Tennessee
    Longitude
    -88.486828545578
    Latitude
    36.134342234682

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    FAQs

    What type of property is this?
    Land - Prime 2-acre commercial lot, Hwy 22 frontage.
    Where is this land located?
    The property is located at Highway 22 McKenzie, TN.
    What is the asking price?
    The asking price for this property is $529,000.
    What are key features of this property?
    This property features: 2-acre commercial land parcel in McKenzie, TN.; High-visibility location on Highway 22, a major north/south thoroughfare.; Excellent accessibility and high traffic counts due to proximity to a high school and other businesses.
    (731) 642-6165
    Request Owner's contact information
    Highway 22 McKenzie, TN 38201
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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
    Highway 22 McKenzie, TN 38201
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