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    20855 Hwy 22 Hwy Parkers Crossroads, TN 38388
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    20855 Hwy 22 Hwy, Parkers Crossroads, TN 38388

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    • Retail properties & Spaces
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 20855 Hwy 22 Hwy

    Property type
    Retail properties & Spaces
    Property subtype
    Land

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Parkers Crossroads
    County
    Henderson
    State
    Tennessee
    Longitude
    -88.3919
    Latitude
    35.7627
    More about this property
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