Listing Agency: Crye LeIke Memphis

Listed By: Nancy Moore · License #TN 267074 Show Phone

Source: Crexi

Added: Feb 26, 2024 Changed: Oct 25 Last Checked: Oct 28 at 5:22AM

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Investment Insights

Based on property information with market context.

This property features 10 acres of vacant land zoned for commercial and light industrial use. It is located in the city of Gallaway, approximately 17 miles from the new Blue Oval City. Additional acreage is available, up to 35 acres. Several businesses are already located on adjoining land.

Key Highlights

• 10 Acres of Vacant Land Zoned Commercial/Light Industrial
• Located Approximately 17 Miles From the New Blue Oval City
• Located in the City of Gallaway

Location Intelligence

Trade Area within ½ mile

68

Businesses Nearby

Explore this area Business Placement

Demographics for 38036, TN

220

Population

39

Households

5.6

Avg Household Size

63

Median Age

17%

College-Educated

78%

High-School Grad

0.2 sq mi

ZIP Area

1,100

Density / Sq Mi

$825

Median Rent

$187,500

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Similar For Sale Nearby

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Industrial Land Along Highway Corridor

HWY 196-10ACRES/MAIN ST, Gallaway, TN 38036

$600,000

10.00 Acres

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Industrial Land with Dual Frontage

HWY 196/MAIN ST, Gallaway, TN 38036

$1,634,050

29.71 Acres

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Gallaway Land for Commercial Use

00 Hwy 196 Hwy, Gallaway, TN 38036

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35.73 Acres

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Land For Sale Near I-40

Highway 196, Gallaway, TN 38002

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Frequently Asked Questions

What type of property is this?

Commercial land - 10 acres of commercial/light industrial land near Blue Oval City.

Where is this commercial land located?

The property is located at 0 Hwy 196 Hwy Gallaway, TN.

What is the asking price?

The asking price for this property is $600,000.

What are key features of this property?

This property features: 10 Acres of Vacant Land Zoned Commercial/Light Industrial; Located Approximately 17 Miles From the New Blue Oval City; Located in the City of Gallaway