000 I-40 At Law Rd Lexington, TN 38305
- Land
- 344.00 lot acres
Current Use by Public Records
- Land
Property Details for 000 I-40 At Law Rd
- Lot size
- 344.00 lot acres
- Property type
- Land
Description
This exceptional 344-acre property boasts over half a mile of direct frontage on Interstate 40 near Jackson, Tennessee, offering unparalleled visibility and accessibility. Conveniently situated between Memphis and Nashville, this land presents a remarkable investment opportunity. The property includes approximately 100 acres zoned Commercial C-4, ideal for a variety of uses including retail, distribution, and potentially manufacturing, subject to zoning approval. The site's strategic location is further enhanced by its proximity to the new Ford Blue Oval City plant (51 miles) and the recently renovated Law Rd exit (Exit 93). Phase 3 power is currently being installed by Southwest Utilities. The remaining acreage offers additional potential, with possibilities ranging from an RV park or corporate retreat to a subdivision or agricultural use. Currently generating approximately $26,000 annually in farm crop income, this property presents a unique blend of commercial and recreational potential. The land features a private lake stocked with various fish species, attracting hunters and anglers. White-tailed deer, wild turkeys, and other small game also inhabit the property. Tennessee's business-friendly environment and lack of state income tax add to the appeal of this exceptional investment. This is a rare opportunity to acquire a large tract of land with significant commercial potential in a rapidly growing region.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lexington
- County
- Madison
- State
- Tennessee
- Longitude
- -88.6241
- Latitude
- 35.7413