56 Hwy Baxter, TN 38544
- Commercial real estate
- 13.60 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 56 Hwy
- Lot size
- 13.60 lot acres
- Property type
- Commercial real estate
Description
This exceptional 13.6-acre development parcel presents a unique investment opportunity in the rapidly growing Baxter, Tennessee area. Strategically located at exit 280 off Interstate 40, this property boasts unparalleled visibility and accessibility. Its prime location is further enhanced by its bordering of Highway 56 and First Avenue South, placing it directly across from a Love's Truck Stop and a thriving DR Horton residential development. The synergy of this location offers significant potential for a variety of commercial ventures, capitalizing on the substantial increase in population and economic activity witnessed in Baxter and West Putnam County. The expansive acreage provides ample space for large-scale projects, while the high-traffic location ensures maximum exposure and accessibility for businesses. This property is ideally suited for developers seeking to capitalize on the area's robust growth trajectory and create a significant return on investment. The existing infrastructure and proximity to established businesses create a compelling foundation for immediate development. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. The asking price is $2,250,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baxter
- County
- Putnam County, TN
- State
- Tennessee
- Longitude
- -85.6427
- Latitude
- 36.1285
