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Property profile

0 Baxter Rd Baxter, TN 38544

OFF-MARKET
Land
2.86 ac lot
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Property summary

AI-generated overview

This exceptional 2.855-acre commercial land parcel in Baxter, Tennessee, presents a unique investment opportunity. Located on Baxter Road, approximately 1,110 feet south of the I-40/SR 56 interchange at Exit 280, this property boasts high-profile visibility from Interstate 40. Zoned C-2, the site is pad-ready and easily subdividable, offering multiple points of ingress/egress. With approximately 364 feet of frontage on Baxter Road, it's ideally suited for a variety of commercial uses, including hotels, quick-service restaurants, convenience stores, and more. Utilities are readily available. The property benefits from the approved I-40/SR 56 Exit 280 interchange improvement project, which includes interchange reconstruction, widening of State Route 56, and the addition of high-mast lighting. The APN is 063 135.04, and the asking price is $1,452,569. This is a rare chance to acquire a strategically located commercial site with significant development potential in a high-traffic area. Don't miss this opportunity to capitalize on the growth and visibility offered by this prime location. Ownership is held by GSG Holdings.

Property profile

Verified
Property type Land
Lot 2.86 ac (124,364 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Baxter Rd Baxter, TN 38544
Baxter metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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