0 Napier Rd Hohenwald, TN 38462
This exceptional 23.2-acre commercial land parcel presents a unique investment opportunity in Hohenwald, Tennessee. Ideally situated near the Natchez Trace Parkway, this property offers convenient access to nearby amenities while maintaining a tranquil, secluded atmosphere. Located approximately 10 minutes from Hohenwald, it's also within a comfortable driving distance of major metropolitan areas, including Nashville (approximately 1.5 hours) and Florence, Alabama (approximately 1 hour). The property's proximity to Kentucky Lake (Tennessee River) adds to its recreational appeal. The land itself is well-suited for a variety of commercial ventures, or could be developed for residential purposes. Its size and location make it an attractive option for those seeking a substantial land holding in a desirable area. The property's proximity to the Elephant Sanctuary in Hohenwald further enhances its appeal. While originally part of a larger tract, a survey will result in approximately 23.2 acres being available for purchase. This is a rare opportunity to acquire a significant land parcel in a growing area with excellent access to major transportation routes and recreational opportunities. The asking price is $239,000. Don't miss this chance to own a piece of Tennessee's beautiful countryside.
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
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Property description
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.