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    Highway 64 Oakland, TN 38060

    For Sale
    $788,346

    1-57 Acres, Hwy 64 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial land parcel, identified as Lot 1 on Hwy. 64 in Oakland, Tennessee, presents a unique investment opportunity. Spanning a substantial 57.03 acres, this property offers significant development potential. Located in Fayette County, with a 38060 zip code, the site boasts excellent highway visibility and accessibility, making it ideal for a variety of commercial ventures. The asking price is $788,346, translating to an attractive price per acre of $18. The lot itself encompasses 43,797 square feet, providing ample space for construction and development. Its strategic location in Oakland, TN, offers access to a growing community and regional transportation networks. Detailed site surveys and environmental assessments are available upon request. This property is being offered for sale and represents a compelling opportunity for investors seeking a large-scale commercial land acquisition in a desirable Tennessee location. The property's size and location make it suitable for a wide range of commercial uses, subject to local zoning regulations. Serious inquiries are encouraged to explore the possibilities of this significant land holding.

    Property Features for 0 Highway 64

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 43,797 square foot lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oakland
    County
    Fayette
    State
    Tennessee
    Longitude
    -89.53192033
    Latitude
    35.22772132

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      Downtown Whiteville Commercial Property

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 1-57 Acres, Hwy 64 Frontage
    Where is this land located?
    The property is located at Highway 64 Oakland, TN.
    What is the asking price?
    The asking price for this property is $788,346.
    What are key features of this property?
    This property features: 43,797 square foot lot.; ;
    Request Owner's contact information
    Highway 64 Oakland, TN 38060
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    Oakland, TN 38060
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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 64 Oakland, TN 38060
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