0 Cumberland St Medina, TN 38355
This exceptional 10.98-acre commercial and residential land parcel, located at 0 Cumberland St, Medina, TN 38355, presents a unique investment opportunity. Priced at $269,000, the property boasts a substantial 478,288.8 square feet of land. The site includes three existing buildings, although they are currently uninhabitable. A recent survey has been completed, providing detailed information on the property boundaries. The land features established trails throughout the acreage, a legacy of its previous use as the Medina Haunted Farm. Conveniently situated within the Medina school district, this property offers easy access to both Jackson and Milan, TN. Public utilities are readily available, simplifying development plans. This versatile property is suitable for a variety of commercial and/or residential ventures, offering significant potential for future development and redevelopment. The property's size and location make it an attractive option for investors seeking a substantial land holding in a growing area. The existing buildings, while uninhabitable, could be repurposed or removed to accommodate new construction. This is a rare opportunity to acquire a large parcel of land in a desirable location with significant 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
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.