0 Hilltop Dr Parsons, TN 38363
This exceptional 43,995.6 square foot commercial and residential land parcel presents a unique investment opportunity in Parsons, Tennessee. Located at 0 Hilltop Drive, this property boasts breathtaking views of the Beech River, offering unparalleled recreational access. The lot overlooks the established developments of Lost Creek and Willow Oaks, providing a desirable location with existing infrastructure. Situated high and dry, the property's elevated position ensures peace of mind. Convenience is key, with the property's proximity to four boat ramps providing easy access to both the Tennessee River and the adjacent Beech River. Enjoy the privacy of a county road setting with minimal neighboring homes, while still maintaining convenient access to the charming river towns of Parsons and Decaturville. Furthermore, Interstate 40, connecting Memphis and Nashville, is just minutes away, offering excellent connectivity. This versatile lot is ideal for a variety of commercial and residential developments, making it a truly exceptional investment opportunity in a picturesque Tennessee setting. The property is located in Decatur County, Tennessee, with a zip code of 38363. The asking price is $19,500.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.