3 Main St Medina, TN 38355
This exceptional 1.3-acre residential lot, located at Lot 3 N Main Street in Medina, Tennessee, presents a fantastic opportunity for building your dream home. The property boasts a generous 43,995.6 square feet of land, providing ample space for a substantial residence and landscaping. Zoned residential, this lot has already received approval for a four-bedroom house, ensuring a smooth and efficient building process. The approved plans specify a minimum heated square footage of 1,500, offering flexibility in design while adhering to local regulations. Situated in Gibson County, Tennessee, with a zip code of 38355, this lot offers a peaceful setting while remaining conveniently located within the town of Medina. The coordinates are 35.803063 latitude and -88.7749231 longitude. Priced competitively at $55,000, this lot represents an excellent value for those seeking to build a new home in a desirable Tennessee community. Don't miss this chance to secure your ideal building site. Act quickly, as opportunities like this are rare.
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
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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.