5 Miles Ave Ext Union City, TN 38261
This exceptional residential land lot, located at Lot 5 Miles Avenue Extension in Union City, Tennessee, presents a unique opportunity for building a new home. Priced affordably at $15,000, this property boasts impressive dimensions, ideal for constructing a comfortable residence. The lot features an approximate frontage of 67 feet along Miles Avenue Extension, providing excellent street access. Its depth extends approximately 197 feet, while the rear boundary measures approximately 164 feet across. This generous size offers ample space for a house and potential landscaping. Situated in Obion County, Tennessee, with a zip code of 38261, this lot is conveniently located in Union City. The property is classified as residential land and is being sold as-is. The lot size is listed as 0 square feet, however, the provided approximate dimensions allow for accurate calculation of the total area. This is a fantastic opportunity to acquire a piece of land in a desirable location and create your perfect home. The property is ready for immediate development, making it an attractive investment for those seeking to build in a peaceful Tennessee setting. Buyers are responsible for conducting their own due diligence and verifying all information.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.