0 Parks Rd Gleason, TN 38229
This exceptional 4.82-acre (±) commercial land parcel, located at 0 Parks Road in Gleason, Tennessee, presents a unique investment opportunity. The property encompasses a substantial 209,959.2 square feet of wooded timber land, offering significant potential for various development projects. Its prime location in Weakley County, zip code 38229, provides easy access to local amenities and transportation routes. The expansive acreage allows for ample space for building, whether for commercial ventures or recreational purposes. This versatile property is ideal for investors seeking a land-based investment with considerable growth potential. The existing wooded terrain adds to its natural appeal, providing a tranquil setting while still offering the potential for significant development. The asking price for this remarkable property is $55,000. Detailed surveys and environmental reports are available upon request. Don't miss this chance to acquire a substantial land holding in a desirable Tennessee location. Contact us today to schedule a viewing and explore the possibilities.
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.