8A Walnut Ln Centerville, TN 37137
This exceptional 11.92-acre commercial lot in Nunnelly, Tennessee, presents a unique investment opportunity. Located at 8A Walnut Lane, this property boasts over 1428 feet of road frontage and is situated in the desirable Richey Farms area. The land is partially open and partially wooded, offering a picturesque setting with multiple potential building sites. Zoned A1, this parcel allows for significant flexibility in development. The asking price is $105,000, translating to approximately $9,648 per acre. City water and electricity are readily available at the roadside, with fiber optics soon to be installed. Subdivision restrictions permit the construction of two homes per lot, as detailed in the attached media section. This property offers unparalleled convenience, with easy access to major cities including Nashville, Dickson, Leipers Fork, Franklin, and Columbia. Don't miss this rare chance to acquire a substantial piece of land with immense potential in a highly sought-after location. The combination of size, zoning, and accessibility makes this an ideal investment for both residential and commercial development.
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.