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    3100 Germantown Pkwy Bartlett, TN 38133

    Sponsored
    For Sale
    $2,499,000

    8.54 acres, prime Bartlett location. High development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.54-acre commercial and residential land parcel presents a remarkable development opportunity in Bartlett, Tennessee. Located at 3100 N Germantown Pkwy, this property boasts a prime location just north of US Hwy 64, placing it within easy reach of the bustling Wolfchase Galleria retail area (approximately 3 million square feet). Its proximity to I-40 (less than 2 miles) further enhances its accessibility and appeal. The property is zoned SC-1 Planned Unit Development, offering flexibility for a variety of uses. Conceptual plans, developed in collaboration with the Bartlett Planning Commission, envision a mixed-use development incorporating approximately 156 residential units and 30,000 square feet of commercial space. While these plans were not executed, they demonstrate the property's suitability for a high-quality, mixed-use project. The site's strategic location, coupled with the planned Ford Motor Company "Blue Oval City" approximately 25 miles away, presents a compelling investment opportunity, particularly given the anticipated increase in demand for housing and commercial services to support the substantial workforce at the new facility. The asking price is $2,499,000, translating to $339,578.45 per acre. Parcel IDs are BO158 00187 and BO158 00879. This is a rare chance to acquire a significant land holding in a rapidly growing area.

    Property Features for 3100 Germantown Pkwy

    General Information

    Property type
    Land
    Lot Size
    372,002 SF

    HighLights

    • 156‑unit residential component
    • 30,000 square feet of commercial space
    • Excellent I‑40/Highway 64 access
    • Proximity to planned Ford plant (25 miles)
    • Wetland acreage to be determined
    • 8.54 acres of net usable land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bartlett
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.79264
    Latitude
    35.21124

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    FAQs

    What type of property is this?
    Land - 8.54 acres, prime Bartlett location. High development potential.
    Where is this land located?
    The property is located at 3100 Germantown Pkwy Bartlett, TN.
    What is the asking price?
    The asking price for this property is $2,499,000.
    What are key features of this property?
    This property features: 156-unit residential component; 30,000 square feet of commercial space; Excellent I-40/Highway 64 access
    Request Owner's contact information
    3100 Germantown Pkwy Bartlett, TN 38133
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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
    3100 Germantown Pkwy Bartlett, TN 38133
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