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Property profile & analytics
OFF-MARKET
Land

3411 Cecil Roberts Rd Troy, TN 38260

Property ID
Property summary
AI-generated overview

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.

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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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