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    11850 Us-70 Arlington, TN 38002

    For Sale
    $155,200

    Prime 0.95-acre commercial lot, Hwy 70 access.

    Property size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 0.95-acre commercial parcel, located at 11850 US-70 in Arlington, Tennessee (zip code 38002), presents a remarkable investment opportunity. Zoned S-C (Shopping Center), this vacant land offers significant potential for a variety of commercial developments, including office centers, flex spaces, showrooms, or strip centers. The property boasts approximately 148 feet of frontage along Highway 70 and a depth of approximately 280 feet, providing ample space for construction. Its convenient location near I-385 ensures high visibility and easy accessibility, attracting a substantial customer base. The asking price is $155,200, with a land value ranging from $2 to $3 per square foot. The property's size is suitable for buildings ranging from 2,000 to 6,000 square feet, with an average rental rate of $12 per square foot. While a portion of the lot falls within the 100-year and 500-year floodplains (Zone AE), a completed TDEC Order and Soil Remediation Summary Report (HES Project NO. 3707.17) are available for review, providing transparency regarding the site's environmental history. The property is offered fee simple and has an APN of A-0142-00007. This is a Class A property with significant development potential in a high-traffic area. The eastern property line shares a boundary with a Fred's Pharmacy property. This property is ideal for entrepreneurs seeking a strategic location for their business venture.

    Property Features for 11850 Us-70

    General Information

    Property type
    Life science properties
    Square Feet
    2,000 SF
    Class
    A
    Lot Size
    41,382 SF

    HighLights

    • 0.95‑acre lot zoned S‑C (Shopping Center) at 11850 Hwy 70.
    • 148' Hwy 70 frontage, 280' deep.
    • Adjacent to Fred's Pharmacy.
    • Partially located in 100‑year and 500‑year floodplains.
    • Available TDEC Order (closed) and soil remediation report (HES Project NO. 3707.17).
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Map

    City
    Arlington
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.667456946669
    Latitude
    35.296771912923

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    FAQs

    What type of property is this?
    Life science property - Prime 0.95-acre commercial lot, Hwy 70 access.
    Where is this life science property located?
    The property is located at 11850 Us-70 Arlington, TN.
    What is the asking price?
    The asking price for this property is $155,200.
    What are key features of this property?
    This property features: 0.95-acre lot zoned S-C (Shopping Center) at 11850 Hwy 70.; 148' Hwy 70 frontage, 280' deep.; Adjacent to Fred's Pharmacy.
    Request Owner's contact information
    11850 Us-70 Arlington, TN 38002
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    Arlington, TN 38002
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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
    11850 Us-70 Arlington, TN 38002
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