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Property profile

0 Highway 431 Martin, TN 38237

OFF-MARKET
Land
8.22 ac lot
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Property summary

AI-generated overview

This exceptional 8.22-acre commercial land parcel presents a remarkable investment opportunity in Martin, Tennessee. Strategically located on Highway 431, this property enjoys high visibility and convenient access to a bustling thoroughfare. Its proximity to the University of Tennessee, Martin, further enhances its appeal, offering a strong potential customer base for a variety of commercial ventures. The land has been professionally surveyed, ensuring accurate dimensions and facilitating seamless development planning. A significant advantage is the absence of building restrictions, providing unparalleled flexibility for developers. This opens the door to a wide range of possibilities, including commercial buildings, residential projects, or multi-family developments. The asking price of $124,000 represents exceptional value for a property of this size and location, particularly given its prime highway frontage and proximity to a major university. This is a rare chance to acquire a versatile and strategically positioned land parcel with significant growth potential in a thriving Tennessee community. The property is located in Weakley County, Tennessee, with a zip code of 38237. The coordinates are 36.353678 latitude and -88.8855365 longitude. Don't miss this opportunity to secure a piece of Martin's vibrant commercial landscape.

Property profile

Verified
Property type Land
Lot 8.22 ac (358,063 SF)

Cap rate & NOI

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

Location

Highway 431 Martin, TN 38237
Martin 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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