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Property profile & analytics
OFF-MARKET
Land

0 Bobbitt Rd Medina, TN 38355

Property ID
Property summary
AI-generated overview

This exceptional 61.91-acre property in Medina, Tennessee, presents a unique investment opportunity. Located at 0 Bobbitt Road, Gibson County, zip code 38355 (35.856378, -88.7986546), this expansive land tract boasts approximately 2,696,364 square feet. The land features a blend of approximately 15 acres of open fields and beautiful timber, creating a private and naturally secluded setting. Abundant wildlife thrives in this area, which is experiencing rapid development. The property's ideal location offers easy access to the three highly-regarded schools in South Gibson County. Convenience is key, with nearby access to grocery stores, restaurants, and other retail options in Milan, TN, and a short commute to Jackson, TN. Two ponds on the property provide opportunities for fishing, and an existing farm road allows for easy exploration of the land. The property's zoning and potential for subdivision into larger lots for exclusive private residences make it a highly attractive prospect for developers and investors seeking a tranquil yet conveniently located rural setting. This is a rare chance to own a significant piece of land with exceptional potential in a growing area. The asking price is $750,000.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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