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Property profile & analytics
OFF-MARKET
Land

89 Shannon Rd Leoma, TN 38468

1.95 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.95 ac (84,942 SF)
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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