0 Lavelle Rd Burlison, TN 38015
This exceptional investment opportunity presents a rare chance to acquire a substantial multifamily land parcel in Burlison, Tennessee. Located at 0 Lavelle Rd, Tipton County, TN 38015, this property boasts a significant lot size of 163,785.6 square feet. The land is currently undergoing surveying and is slated for auction on December 14, 2024, at 10:00 AM, with real estate sales commencing at noon. This auction includes two homes and two building lots, offering flexibility for various development scenarios. The property features a 1,800 square foot home situated on 9.58 acres. The auction will offer the property in single tracts and combinations, providing potential buyers with diverse acquisition options to suit their specific needs and investment strategies. The property's substantial size and multifamily zoning present a compelling opportunity for developers or investors seeking to capitalize on the growing real estate market in the Burlison area. The latitude and longitude coordinates are 35.5600019, -89.7913264, respectively. This is a truly unique opportunity to acquire a large tract of land with existing structures, ideal for redevelopment or expansion. Detailed information regarding the auction process and bidding procedures will be available prior to the auction date. Don't miss this chance to secure a prime piece of Tennessee real estate.
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.