And Matthews Ml Rd Limestone, TN 37681
This exceptional 6.83-acre commercial property boasts a prime location on Highway 11E and Matthews Mill Road in Limestone, Tennessee, offering unparalleled visibility and high traffic counts. Its strategic placement ensures significant exposure for any business. The property is conveniently situated just four miles from Jonesborough, providing easy access to a larger population base and amenities. The land is comprised of Lots 7-11, as detailed in the attached survey. This presents a unique opportunity for developers or businesses seeking a prominent location with substantial frontage. The asking price is $400,000. While the square footage of any existing structures is not currently available, the expansive acreage allows for significant development potential. The seller is open to discussing the possibility of acquiring additional acreage beyond the initial 6.83 acres, providing flexibility for larger-scale projects. All information provided is based on publicly available records and other reliable sources
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
Similar Nearby for Sale
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.