000 I-40 At Exit 93, Jackson, TN 38305
This exceptional 344-acre property boasts over half a mile of I-40 frontage near Jackson, Tennessee, strategically located between Memphis and Nashville at Exit 93 (Law Rd). The land, recently zoned Commercial C-4, offers 100+ acres suitable for commercial development, ideal for uses such as supermarkets, banks, and department stores. Other manufacturing or distribution uses may be possible subject to zoning approval. Southwest Utilities is installing Phase 3 power. The property includes a private lake stocked with catfish, bass, bream, and crappie, and is home to abundant wildlife including white-tailed deer and wild turkeys. Its versatility extends to various uses, including RV parks, corporate retreats, subdivisions, or even horse/cattle farms. The improved Law Rd exit enhances traffic flow. This unique offering is only 51 miles from the new Ford plant in Blue Oval City, TN, and 13 miles from Jackson, TN. The asking price is $3,500,000. The total land area is 14,984,640 square feet. This presents a rare opportunity to acquire a large, mixed-use parcel with significant highway frontage in a rapidly developing area of Tennessee.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.