1012 Grand Ave Brownsville, TN 38012
This exceptional .64-acre commercial property, located at 1012 N Grand Avenue in Brownsville, Tennessee, presents a unique investment opportunity. The lot, encompassing 27,878.4 square feet, boasts excellent visibility and accessibility due to its prime corner location with road frontage on both N. Grand Avenue and Evans Street. Currently zoned R-3, this level and cleared lot is ready for immediate development. All city utilities are conveniently available at the street, simplifying the construction process and minimizing upfront costs. The property's location within the city limits of Brownsville, Haywood County, Tennessee (zip code 38012), offers easy access to local amenities and transportation networks. The asking price for this versatile property is $22,000, making it an attractive proposition for developers seeking a strategic location for residential or commercial projects. The property's size and zoning provide ample flexibility for a variety of uses, including multifamily dwellings, given its classification as land, multifamily, and commercial property. This is a rare opportunity to acquire a well-situated, ready-to-develop lot in a growing Tennessee community.
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
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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.