1235 Tn-57 & Tn-196 Piperton, TN 38017
This exceptional 26-acre commercial property, located at 1235 TN-57 & TN-196 in Piperton, Tennessee (zip code 38017), presents a unique investment opportunity. The property boasts a flexible zoning designation, currently commercial, but the City of Piperton Land Use Plan designates it for mixed-use and commercial development. This allows for a wide range of possibilities, including retail spaces, office complexes, or even residential apartments. The site offers excellent visibility and accessibility, with commercial outparcels directly fronting Highway 57, ensuring high traffic exposure for any development. Building sizes can range from 940 to 1,245 square feet, offering flexibility for various project scales. The property's potential is further enhanced by the presence of municipal water and natural gas, and all-electric utilities are already connected to the site. Furthermore, municipal sewer infrastructure is currently under construction or in the planning stages, adding significant value and future-proofing the investment. The land is also subdividable, allowing for tailored development plans to maximize returns. This prime location in Fayette County offers a compelling opportunity for investors seeking high-growth potential in a rapidly developing area.
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.