Current Use by Public Records
- Land
Property Details for 0 Highway 70
- Lot size
- 5.02 lot acres
- Property type
- Land
Description
This exceptional 5.02-acre residential land parcel presents a remarkable development opportunity in Lakeland, Tennessee. Located at 0 Hwy 70, this property boasts over 300 feet of road frontage, offering significant visibility and accessibility. Its strategic location near Lakeland Commons to the east suggests potential for rezoning to commercial, multi-family, or mixed-use development. The site's proximity to the entrance road leading to Lakeland schools adds further appeal. The asking price is $1,875,000, translating to $375,000 per acre. This represents a compelling land value in a rapidly growing area. The seller is open to exploring co-development opportunities and may consider offering owner financing, making this an attractive proposition for various development scenarios. The property's size and location make it ideal for a large-scale project or could be combined with adjacent properties for an even more expansive development. This prime location in Shelby County, zip code 38002, offers significant potential for future growth and return on investment. Serious inquiries are encouraged.
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
- Stanton
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.6357
- Latitude
- 35.3165
