Property profile

11201 Chapman Hwy Seymour, TN 37865

OFF-MARKET
Land
Property ID
US80-1913467
1.97 ac lot
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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 Land
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

Location

11201 Chapman Hwy Seymour, TN 37865
Seymour metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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