Current Use by Public Records
- Commercial real estate
Property Details for D Young Rd
- Lot size
- 7.30 lot acres
- Property type
- Commercial real estate
Description
This exceptional 7.3-acre property in Holladay, Tennessee, presents a unique investment opportunity situated in a designated Opportunity Zone. This prime location boasts unparalleled visibility and accessibility due to its frontage on I-40, a major interstate highway. The Opportunity Zone designation offers significant tax advantages, including a 25-year tax deferment on new investments, making this land exceptionally attractive for developers. The property is zoned for a variety of commercial uses, excluding residential development. Potential uses include, but are not limited to, religious institutions (churches), educational facilities (dormitories, colleges), hospitality businesses (hotels), restaurants, and recreational establishments. This is a rare chance to acquire a substantial parcel of land in a high-traffic area with substantial tax benefits. The property's strategic location and diverse development possibilities make it an ideal investment for businesses seeking to capitalize on Tennessee's economic growth and the advantages of the Opportunity Zone program. Serious inquiries are encouraged to explore the full potential of this remarkable property. The seller is motivated and open to reasonable offers. Act quickly, as opportunities like this are seldom available.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Holladay
- County
- Benton County, TN
- State
- Tennessee
- Longitude
- -88.063
- Latitude
- 35.8504
