0 Church St Tiptonville, TN 38080
This exceptional 87,120 square foot lot presents a remarkable investment opportunity in Ridgely, Tennessee. Located at 0 Church Street within the town limits, this 2-acre parcel offers a multitude of development possibilities. Previously utilized for manufactured homes, the property boasts existing water lines, significantly streamlining infrastructure development for future projects. The land is classified as Commercial and Single Family Rental Portfolio, providing flexibility for various uses. Its prime location within the town of Ridgely, Lake County, TN, zip code 38080 (latitude 36.2676571, longitude -89.483701), ensures convenient access to local amenities and transportation routes. The asking price for this expansive property is $39,900. This is a rare chance to acquire a sizable, well-situated lot with existing utilities, perfect for developers seeking a strategic investment in a growing Tennessee community. The property type is listed as Land, Multifamily, and Mixed Use, reflecting its versatility and potential for diverse development projects. This presents a unique opportunity to capitalize on the potential of this significant land parcel in a desirable location. Don't miss this chance to secure a prime piece of real estate in a thriving area.
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.