1 Manchester Hwy Morrison, TN 37357
This exceptional 7.93-acre commercial land parcel presents a remarkable investment opportunity in Morrison, Tennessee. Strategically located on Highway 55, just beyond the former Carrier plant, this property boasts significant road frontage on two roads, ensuring high visibility and accessibility for any business. The asking price is $470,665. Its prime location within a high-traffic area guarantees substantial exposure to potential customers. The expansive lot size offers ample space for the construction of a new commercial building, providing flexibility for a wide range of business ventures. The property is classified as Special Purpose land, suitable for various commercial developments. The address is 1 Manchester Highway, Morrison, TN 37357. This is a rare opportunity to acquire a sizable commercial lot in a thriving area with excellent visibility and accessibility. The property's location on a major highway ensures convenient access for employees and customers alike. The substantial acreage allows for significant development potential, catering to a variety of business needs and sizes. This is an ideal location for businesses seeking high visibility and easy access to a large customer base. The property is ready for immediate development, making it an attractive option for businesses looking to establish a strong presence in a growing market. Given its size and location, this property represents a compelling investment opportunity with significant long-term potential.
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.