0 Herbert Neal Rd Milan, TN 38358
This exceptional 2,090,880 square foot property in Gibson County, Tennessee, presents a unique investment opportunity. Located just outside of Milan, TN, at 0 Herbert Neal Road, zip code 38358, this mixed-use land boasts a beautiful blend of tillable row crop farmland and attractive wooded areas. The expansive acreage offers the potential for a variety of uses, including agricultural pursuits and the construction of a custom home. Imagine building your dream home on this expansive parcel, enjoying the tranquility of rural Tennessee while remaining conveniently close to Milan. The property's size and diverse features make it ideal for those seeking a blend of rural living and agricultural potential. Please note that the seller will retain approximately 8-10 acres of the currently deeded tract as a buffer zone. The asking price for this remarkable property is $254,400. This is a rare opportunity to acquire a substantial piece of West Tennessee land with significant potential. Don't miss out on this chance to own a piece of Gibson County's rich landscape. The property is classified as Farm and Residential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.