51 Hwy Troy, TN 38260
This exceptional 5.7-acre commercial land parcel presents a unique investment opportunity in Troy, Tennessee. Strategically located on Highway 51, this property boasts 960 feet of road frontage, offering unparalleled visibility and accessibility. Its advantageous position directly adjoins the Troy Industrial Park, providing immediate proximity to established businesses and infrastructure. Furthermore, the property is situated just two parcels away from Gibson County Electric, ensuring convenient access to essential utilities. Currently used for farming, this versatile land requires no zoning changes, simplifying the development process for prospective buyers. The property's substantial size and prime location make it ideal for a wide range of commercial ventures. Detailed property taxes will be determined following the sale. The exact possession date is to be determined upon closing. This is a rare chance to acquire a significant commercial land holding in a thriving area with excellent potential for growth and return on investment. Don't miss this opportunity to secure a piece of prime Tennessee real estate. The asking price for this exceptional property is $300,000.
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.