00 Woodland Dr Henderson, TN 38340
This exceptional 1,313,769.6 square foot property in Henderson, Tennessee presents a unique development opportunity. Located at 00 Woodland Drive, this expansive parcel is zoned R-3, offering the smallest lot size requirements within city limits, ideal for creating a new subdivision of houses, duplexes, or apartments. The property boasts convenient access to all utilities, with existing sewer mains running through the land and readily available utilities on both Woodland Drive and Forrest Drive. Three 50-foot access points provide ample opportunity for road construction within the property. This significant landholding is further enhanced by the inclusion of an additional 1+ acre lot and house frontage at 1035 Forrest Drive (lot 1 on map), available for an additional $68,075.00, exclusively with the purchase of this main parcel. The combined asking price for both parcels is $301,600 + $68,075 = $370,000. This represents one of the largest R-3 zoned tracts within Henderson city limits, making it an unparalleled investment prospect for developers seeking a substantial and strategically located project. The property is situated in Chester County, Tennessee, with a zip code of 38340.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.