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Property profile & analytics
OFF-MARKET
Land

00 Woodland Dr Henderson, TN 38340

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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