0 Highway 64 Oakland, TN 38060
This exceptional 57.05-acre commercial land parcel, identified as Lot 3 on Hwy. 64 in Oakland, Tennessee, presents a compelling investment opportunity. Located in Fayette County, zip code 38060, this property boasts a sizable 43,432 square foot area, offering significant development potential. The asking price is $868,640, translating to an attractive price per acre of $20. Given its size and strategic location in Oakland, this land is ideally suited for a variety of commercial ventures. The property's address is Hwy. 64, Oakland, TN. Its precise geographical coordinates are latitude 35.229381 and longitude -89.4992786. Prospective buyers will find this parcel to be a highly desirable asset due to its size, price point, and location within a growing community. The land is currently designated for commercial use, providing immediate development possibilities. Serious inquiries are encouraged to explore the full potential of this significant landholding. This is a rare opportunity to acquire a substantial tract of commercial land in a desirable Tennessee location. The property's size and price per acre make it a highly competitive offering in the current market. Further due diligence is recommended to fully assess the development potential and suitability for specific commercial projects.
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
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.