0 Oakland Rd Sweetwater, TN 37874
This exceptional 3.2-acre lot presents a remarkable opportunity in Sweetwater, Tennessee. Ideally situated on Oakland Road within city limits, this property boasts convenient access to downtown Sweetwater and Interstate 75, ensuring effortless commutes and proximity to amenities. Zoned R-3 (High Density Residential District) by the City of Sweetwater, this land offers flexibility for various development projects. The zoning allows for the construction of a custom home or subdivision into smaller lots, subject to minimum lot size requirements of 7,500 square feet. Sewer access is readily available along Oakland Road and Gibson Street. The property, identified as Lot 3R-2 on the survey, is further enhanced by its beautiful setting. An additional 3.2-acre parcel adjacent to this lot is also available for purchase, presenting potential for expansion or a larger-scale development. This prime location and versatile zoning make this an attractive investment for both residential and potential multi-family development. The asking price for this exceptional property is $229,900. Detailed survey information is available upon request. Don't miss this chance to acquire a significant piece of land in a thriving Tennessee community.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.