Property profile

0 Reelfoot Ave Union City, TN 38261

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 52,272 square foot commercial land parcel presents a remarkable investment opportunity in Union City, Tennessee. Strategically located on a corner lot at W Reelfoot Avenue, zip code 38261, this property enjoys high visibility and significant traffic flow, making it ideal for a variety of commercial ventures. Its prime location within the main business district ensures easy access to a thriving customer base. The property's proximity to established businesses, including shopping centers, restaurants, and a Wal-Mart, further enhances its appeal and potential for success. The expansive lot size offers ample space for development, allowing for flexibility in design and construction to suit diverse business needs. This is a rare opportunity to acquire a highly desirable commercial property in a rapidly growing area. The address is W Reelfoot Avenue, Union City, Obion County, Tennessee, 38261. The property's geographic coordinates are latitude 36.4119821 and longitude -89.0783271. The asking price for this exceptional commercial land is $400,000.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Reelfoot Ave Union City, TN 38261
Union City metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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