68 Madisonville Madisonville, TN 37354
This exceptional 15.79-acre commercial land parcel in Madisonville, Tennessee, presents a unique investment opportunity. Located on Highway 68, the property boasts approximately 300 feet of road frontage, providing excellent visibility and accessibility. The land is zoned for agricultural use, offering flexibility for various commercial developments. A significant portion of the property, nearly two acres, is already cleared and graded, ready for immediate construction. A new fence is currently under construction at the front of the property, enhancing security and defining the boundaries. The property also features a gated entrance for added privacy and control. Utilities are conveniently located at the street, simplifying development plans. An existing well on-site provides a readily available water source. The rear property line extends to the ridge top, offering breathtaking mountain and valley views, a desirable feature for many commercial ventures. The APN is 103 079.00. This property is situated in Monroe County, Tennessee, with the zip code 37354, and its coordinates are 35.4986139 latitude and -84.3331694 longitude. The asking price for this remarkable property is $275,000.
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.