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    Intersection Hwy 54 & 218 Byp Paris, TN 38242

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for Intersection Hwy 54 & 218 Byp

    Property type
    Land

    Description

    This exceptional 3,063,139.2 square foot commercial land parcel presents a remarkable investment opportunity in Paris, Tennessee. Strategically located at the intersection of Highway 54 and Highway 218 Bypass, this property boasts unparalleled visibility and accessibility, ensuring high traffic volume and significant exposure for any commercial development. The lot size falls within the 50,000 to 99,999 square foot range, offering ample space for a variety of projects. Situated in Henry County, Tennessee, with a zip code of 38242, this location benefits from a thriving local economy and strong regional growth. The asking price for this prime commercial land is $1,300,000. Given its ideal location and substantial size, this property is perfectly suited for a wide range of commercial ventures, from retail and restaurants to office spaces and industrial facilities. Don't miss this chance to acquire a highly desirable piece of land in a rapidly developing area. Serious inquiries only. Contact us today to learn more about this exceptional opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Paris
    County
    Henry
    State
    Tennessee
    Longitude
    -88.262
    Latitude
    36.3301

    Comparable in this City

    • Value Estimation by Request

      69 Memorial Dr

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      1102 Mineral Wells Ave

      Land • 2,560 SF
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      12.73 Acres

      1299 Wood St

      Multifamily properties • 6,297 SF
      1299 Wood St, Paris, TN 38242
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      24 Jones Bnd Ext

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      24 Jones Bnd Ext, Paris, TN 38242
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      0.33 Acres

      Volunteer Dr

      VACANT COMMERCIAL LAND • 0.33 Acres
      Volunteer Dr, Paris, TN 38242
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      0.18 Acres

      Wood St

      VACANT COMMERCIAL LAND • 0.18 Acres
      Wood St, Paris, TN 38242
      View Details

    Similar Nearby for Sale

    • $375,000

      Prime Paris, TN Commercial Land

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      Prime Paris, TN Office Building

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      23.65 Acres

      23.65 Acres of Mixed Timber

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    • New
      Contact for pricing
      Pending

      Corner Lot in Paris, TN

      1.41-acre corner lot, ideal for building near city amenities.
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    • $1,300,000
      70.32 Acres

      Paris, TN Land Available

      70.32 acre land parcel in Paris, Tennessee for sale.
      Intersection Hwy 54 & 218 Byp, Paris, TN 38242
      View Details
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    Paris, TN 38242
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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