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Property profile & analytics
OFF-MARKET
Land

308 Highway 45 Byp Humboldt, TN 38343

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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