9520 Tn-78 Ridgely, TN 38080
This exceptional investment opportunity encompasses a substantial 32-acre parcel in Ridgely, Tennessee, at 9520 TN-78, zip code 38080. The property, built in 1978, boasts a total square footage of 1,393,920, encompassing a diverse range of existing structures. These include substantial warehouse space, multiple storage units, dedicated office areas, and a duplex residential building. The sheer size and versatility of this property present a multitude of development possibilities for the astute investor. The existing infrastructure provides a solid foundation for immediate income generation, while the expansive lot size allows for significant future expansion or redevelopment. Located in Lake County, Tennessee, this property benefits from its strategic location and access to key transportation routes. The asking price for this remarkable mixed-use property is $750,000. This represents a unique chance to acquire a large-scale property with immediate income potential and significant long-term growth prospects. The property's diverse components offer flexibility for a variety of uses and investment strategies. Serious inquiries are encouraged to explore the full potential of this exceptional offering.
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.