11850 Us-70 Arlington, TN 38002
- Life science properties
- 2,000 SF
- 0.95 lot acres
Current Use by Public Records
- Life science properties
Property Details for 11850 Us-70
- Lot size
- 0.95 lot acres
- Property size
- 2,000 SF
- Property type
- Life science properties
- Property subtype
- Mixed-use properties
Description
This exceptional 0.95-acre commercial parcel, located at 11850 US-70 in Arlington, Tennessee (zip code 38002), presents a remarkable investment opportunity. Zoned S-C (Shopping Center), this vacant land offers significant potential for a variety of commercial developments, including office centers, flex spaces, showrooms, or strip centers. The property boasts approximately 148 feet of frontage along Highway 70 and a depth of approximately 280 feet, providing ample space for construction. Its convenient location near I-385 ensures high visibility and easy accessibility, attracting a substantial customer base. The asking price is $155,200, with a land value ranging from $2 to $3 per square foot. The property's size is suitable for buildings ranging from 2,000 to 6,000 square feet, with an average rental rate of $12 per square foot. While a portion of the lot falls within the 100-year and 500-year floodplains (Zone AE), a completed TDEC Order and Soil Remediation Summary Report (HES Project NO. 3707.17) are available for review, providing transparency regarding the site's environmental history. The property is offered fee simple and has an APN of A-0142-00007. This is a Class A property with significant development potential in a high-traffic area. The eastern property line shares a boundary with a Fred's Pharmacy property. This property is ideal for entrepreneurs seeking a strategic location for their business venture.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arlington
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.6675
- Latitude
- 35.2968
