89 Shannon Rd Leoma, TN 38468
Exceptional 1.95-acre commercial land parcel in Leoma, Lawrence County, Tennessee, awaits development. Priced at $65,000, this unrestricted property boasts a tranquil country setting with a blend of wooded and open areas. The lot features over 265 feet of road frontage on Shannon Road, a partially cleared area ideal for a building site (septic area marked), and an existing driveway. Utilities, including water and electricity, are conveniently located at the roadside, simplifying construction. A four-bedroom perc site is centrally located within the partially fenced acreage. This prime location offers easy access to nearby towns: 12 miles to Lawrenceburg, 28 miles to Pulaski, and 36 miles to Florence, Alabama. The property presents a unique opportunity for immediate development, offering both convenience and a peaceful environment. This is a rare chance to acquire unrestricted land in a desirable location.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.