3100 Germantown Pkwy Bartlett, TN 38133
This exceptional 8.54-acre commercial and residential land parcel presents a remarkable development opportunity in Bartlett, Tennessee. Located at 3100 N Germantown Pkwy, this property boasts a prime location just north of US Hwy 64, placing it within easy reach of the bustling Wolfchase Galleria retail area (approximately 3 million square feet). Its proximity to I-40 (less than 2 miles) further enhances its accessibility and appeal. The property is zoned SC-1 Planned Unit Development, offering flexibility for a variety of uses. Conceptual plans, developed in collaboration with the Bartlett Planning Commission, envision a mixed-use development incorporating approximately 156 residential units and 30,000 square feet of commercial space. While these plans were not executed, they demonstrate the property's suitability for a high-quality, mixed-use project. The site's strategic location, coupled with the planned Ford Motor Company "Blue Oval City" approximately 25 miles away, presents a compelling investment opportunity, particularly given the anticipated increase in demand for housing and commercial services to support the substantial workforce at the new facility. The asking price is $2,499,000, translating to $339,578.45 per acre. Parcel IDs are BO158 00187 and BO158 00879. This is a rare chance to acquire a significant land holding in a rapidly growing area.
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.