00 Highway 18 Medon, TN 38356
This exceptional 4.5-acre parcel, situated on Highway 18 in Medon, Tennessee, presents a unique opportunity for mixed-use development. Boasting a substantial 196,020 square feet of land, this property offers significant potential for both commercial and residential ventures. Its prime location provides convenient access to both Jackson and Bolivar, enhancing its appeal and marketability. The property features over 600 feet of road frontage on Highway 18, ensuring high visibility and accessibility. Existing utilities are readily available, simplifying the development process and reducing upfront costs. The expansive lot size allows for ample space to create a variety of projects, from a single-family residence to a larger-scale commercial development, or a combination of both. The secluded setting provides a desirable level of privacy, while still maintaining convenient access to nearby towns and amenities. This is a rare opportunity to acquire a large, versatile tract of land in a desirable location with excellent road frontage and utility access. The asking price is $59,900. This property is located in Madison County, Tennessee, with a zip code of 38356. The precise coordinates are latitude 35.4073014 and longitude -88.8838834. Serious inquiries are encouraged.
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.