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    OFF-MARKET
    Commercial real estate

    11201 Chapman Hwy, Seymour, TN 37865

    1.97 ac lot
    Property ID
    US80-1913467
    Property summary
    AI-generated overview

    This exceptional 1.97-acre commercial land parcel in Seymour, Tennessee, presents a remarkable development opportunity. Located at 11201 Chapman Hwy, 37865, this FEE SIMPLE property is zoned C-2, offering considerable flexibility for various commercial ventures. Previously utilized as a mobile home park and used car lot, the site currently features eleven vacant mobile homes situated on six shared septic tanks. Each mobile home boasts individual city water meters and electrical utility hookups. The property is being sold "as is." This prime location offers easy access to a thriving retail corridor, with nearby establishments including Walgreens, Food City, McDonald's, Burger King, Little Caesar's Pizza, Taco Bell, Kroger, Sherwin Williams, and Bojangles, among many others. The property's strategic positioning within a rapidly growing area of Seymour, TN, makes it ideal for a multitude of development projects, including multi-family housing, retail spaces, office buildings, RV parks, mobile home parks, or storage facilities. The asking price for this exceptional investment opportunity is $500,000. Don't miss this chance to capitalize on the potential of this highly desirable commercial land.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.97 ac (85,813 SF)
    UPID US80-1913467
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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