308 Highway 45 Byp Humboldt, TN 38343
This exceptional 74,052 square foot commercial lot is strategically located on Highway 45 Bypass in Three Way, Madison County, Tennessee, zip code 38343. Situated on a high-traffic corner lot, this 1.7-acre parcel presents a remarkable opportunity for a variety of commercial ventures. Its prime location within one of West Tennessee's fastest-growing traffic corridors ensures high visibility and accessibility. The property's proximity to established businesses, including car dealerships, a new Baptist hospital and surgery center, and the Max Trans Trucking Center, further enhances its appeal and potential for success. The versatile nature of this land makes it suitable for a convenience store, car lot, or any highway-oriented business. A potential ground lease is available, with terms subject to review. This is an ideal investment for entrepreneurs seeking a high-impact location with significant growth potential. The asking price for this exceptional property is $985,000. Detailed site plans and further information are available upon request. Don't miss this chance to secure a prominent position in a thriving commercial area.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.