20855 Hwy 22 Hwy Parkers Crossroads, TN 38388
This exceptional 1,285,455.6 square foot commercial land parcel presents a remarkable investment opportunity in Tennessee. Strategically located off Interstate 40 at Exit 108, this property enjoys unparalleled visibility and accessibility, situated conveniently between Nashville and Memphis. The site's proximity to Ford's new Blue Oval City (70 miles) further enhances its potential. Currently zoned for commercial use, this 29-acre tract is ideal for a variety of developments, capitalizing on the high traffic volume generated by I-40. The property is situated near established businesses, including a Hampton Inn, Knights Inn, McDonald's, and Dairy Queen, indicating a strong existing commercial presence. The location also boasts proximity to the historic Parkers Crossroads Battlefield Memorial. This offering provides flexibility, with the option to purchase the entire parcel or explore subdivision possibilities to suit individual development plans. The asking price is $3,100,000. This prime location and substantial acreage make this a truly exceptional investment opportunity. Detailed zoning information and development guidelines are available upon request.
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.