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    Tn-437 & Fairfield Pike Shelbyville, TN 37160

    For Sale
    $4,000,000

    Prime TN development land, Opportunity Zone.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 18.73-acre vacant land parcel presents a compelling investment opportunity in Shelbyville, Tennessee. Strategically located at the intersection of TN-437 and Fairfield Pike, this property boasts an impressive 2,100 feet of road frontage along TN-437, providing excellent visibility and accessibility. The land is situated in a qualified Opportunity Zone, offering significant tax advantages for investors. Its location in northern Shelbyville is surrounded by thriving residential communities, indicating strong potential for future growth and development. The property's considerable size allows for flexibility in development plans, with the possibility of subdivision into smaller lots to accommodate various uses, catering to diverse development needs. This makes it ideal for a range of projects, from residential subdivisions to commercial ventures. The property's zoning and potential uses should be verified independently with Bedford County officials. With its prime location, substantial size, and Opportunity Zone designation, this land parcel represents a rare and valuable opportunity for investors seeking significant returns in a rapidly developing area. The zip code is 37160.

    Property Features for Tn-437 & Fairfield Pike

    General Information

    Property type
    Land
    Lot Size
    815,879 SF

    HighLights

    • 18.73‑acre vacant land parcel in Shelbyville, TN.
    • 2,100 feet of road frontage on TN‑437.
    • Located in an Opportunity Zone, offering tax advantages.
    • Situated near thriving residential communities in northern Shelbyville.
    • Large enough for subdivision into smaller lots for diverse development.
    • Zoning and potential uses should be independently verified with Bedford County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shelbyville
    County
    Bedford
    State
    Tennessee
    Longitude
    -86.4385414
    Latitude
    35.5224949

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    FAQs

    What type of property is this?
    Land - Prime TN development land, Opportunity Zone.
    Where is this land located?
    The property is located at Tn-437 & Fairfield Pike Shelbyville, TN.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: 18.73-acre vacant land parcel in Shelbyville, TN.; 2,100 feet of road frontage on TN-437.; Located in an Opportunity Zone, offering tax advantages.
    (615) 619-5791
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    Tn-437 & Fairfield Pike Shelbyville, TN 37160
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    Shelbyville, TN 37160
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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
    Tn-437 & Fairfield Pike Shelbyville, TN 37160
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