3411 Cecil Roberts Rd Troy, TN 38260
This exceptional 7.12-acre property, located at 3411 Cecil Roberts Road in Troy, Tennessee, presents a unique investment opportunity. The expansive lot size totals 310,147.2 square feet, offering ample space for a variety of commercial and/or residential ventures. Situated in Obion County, zip code 38260, this land boasts a beautiful country setting, ideal for those seeking tranquility while maintaining convenient access to Troy's amenities. A pre-existing shed is located on the property, providing potential storage or workspace. The property also features a water meter, although it is currently not connected to the water supply. This presents a significant advantage for future development, eliminating the need for initial water infrastructure installation. The land's versatility makes it suitable for diverse uses, from commercial development to residential construction, or even as a recreational retreat given its excellent hunting opportunities. The asking price for this remarkable property is $79,000. This represents a compelling opportunity to acquire a substantial parcel of land in a desirable location at a competitive price. The property's combination of size, location, and potential makes it an attractive investment for both seasoned developers and first-time land buyers.
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.