4185 Canada Rd Lakeland, TN 38002
- Commercial real estate
- 7.89 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4185 Canada Rd
- Lot size
- 7.89 lot acres
- Property type
- Commercial real estate
Description
This exceptional 7.89-acre parcel presents a remarkable infill development opportunity in Lakeland, Tennessee. Located at 4185 Canada Rd, 38002, this property boasts an enviable location within an established neighborhood, offering the potential for significant returns. Zoned R2 - Suburban Manor, the land allows for residential development adhering to specific guidelines. Minimum lot sizes are 10,000 square feet, with frontage ranging from 70 to 100 feet. Building coverage is permitted at 35% to 45% of the total impervious coverage. The property's strategic position near The Lake District, a multi-use development nearing completion (projected 2021-2022), contributes to its high desirability. This burgeoning area is experiencing a surge in interest and property values, making this a truly compelling investment. Enjoy picturesque lake views across the street, adding to the property's allure and potential for premium residential development. The asking price for this prime Lakeland acreage is $559,000. This is a rare opportunity to capitalize on the growth and potential of this thriving Tennessee community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lakeland
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.7442147
- Latitude
- 35.2403361
