0 Hillsboro Blvd Manchester, TN 37355
This exceptional 0.95-acre commercial land parcel presents a prime investment opportunity in the thriving Manchester, Tennessee market. Boasting 188 feet of road frontage directly off Exit 114 of Interstate 24, this highly visible property benefits from an estimated 22,000 vehicles passing daily. Its strategic location offers easy access to a major interstate, placing it within a 30-minute drive of Murfreesboro and an hour from both Chattanooga and Nashville. The property is zoned for commercial use, allowing for a wide range of development possibilities. A survey is readily available for review. Manchester's robust economic growth and tourism sector, detailed in available online resources from the Manchester/Coffee County Chamber of Commerce and the Middle Tennessee Industrial Development Association, further underscore the potential of this exceptional site. This is an unparalleled chance to capitalize on a high-traffic location in a rapidly expanding area. Don't miss this opportunity to secure a piece of Manchester's vibrant commercial landscape. The asking price is $1,690,000.
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.