00 Third St, Henderson, TN 38340
This exceptional 23,958 square foot lot, located at 00 Third Street (Lot 1) in Henderson, Tennessee, presents a unique opportunity for commercial and/or residential development. Situated in Chester County, zip code 38340, this property boasts a highly desirable location with convenient access to local amenities and transportation routes. The lot's substantial size offers ample space for a variety of projects, catering to diverse development needs. A significant advantage is the absence of established property taxes, representing considerable savings for the future owner. This translates to immediate cost-effectiveness and potential for increased return on investment. The property is classified as both commercial and residential, opening doors to a wide range of development possibilities, from commercial ventures to residential construction, or a combination of both. Its versatile zoning and size make it an attractive proposition for developers seeking a strategic location in a growing area. The coordinates are 35.4438509 latitude and -88.6380971 longitude. The asking price for this exceptional property is $35,000. This represents a compelling investment opportunity 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
Similar Nearby for Sale
Similar Nearby for Lease
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.