0 Herbert Neal Rd Milan, TN 38358
Exceptional 48-acre commercial and farmland opportunity in Gibson County, Tennessee, situated on Herbert Neal Rd, Milan, zip code 38358. This property boasts a desirable mix of tillable row crop land and attractive timber. Utilities are readily accessible, with public water and electricity available at the street. The location offers the advantage of being within the highly-regarded Milan Special School District. While the original tract was larger, the seller will retain approximately 8-10 acres as a buffer, leaving 48 acres for sale. This expansive parcel presents a unique chance to build a custom home in a serene rural setting. Abundant wildlife, including deer and turkey, are common in the area. Tennessee's attractive tax structure, with no state income tax, adds further appeal. The asking price for this exceptional property is $254,400.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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