Property profile

0 Parks Rd Gleason, TN 38229

OFF-MARKET
Land
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Property summary

AI-generated overview

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.

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

Location

Parks Rd Gleason, TN 38229
Gleason metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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