Property summary
This exceptional 15.406-acre commercial land parcel presents a remarkable investment opportunity in Lakeland, Tennessee. Strategically located on Highway 64, this property boasts excellent visibility and accessibility, making it ideal for a wide range of commercial developments. The site's prime location offers significant advantages, including convenient proximity to major transportation arteries. Specifically, it's situated within easy reach of both Interstate 40 and Interstate 269, ensuring seamless connectivity for businesses and their clientele. Furthermore, its location provides a compelling advantage for businesses seeking proximity to key regional hubs. The property is approximately 30 minutes from the burgeoning Blue Oval City development and Downtown Memphis, offering access to a large and diverse workforce and consumer base. For businesses needing quick access to major interchanges, the property is only 15 minutes away from the I-40/I-240 interchange. The asking price for this significant land holding is $1,100,000. This presents a unique chance to acquire a substantial tract of land in a rapidly growing area with exceptional infrastructure and access to key transportation networks. The property is zoned for commercial use (verification of zoning with local authorities is recommended). Serious inquiries are encouraged to explore the potential of this prime development site. The address is 10494 US-64, Lakeland, TN 38002, located in Shelby County.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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