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Property profile & analytics
OFF-MARKET
Mixed-use properties

0 Herbert Neal Rd Milan, TN 38358

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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