13 Country Oak Dr, Three Way, TN 38343
This exceptional 43,995.6 square foot lot, located at 13 Country Oak Drive in Three Way, Tennessee, presents a unique opportunity for both commercial and residential development. Situated within the desirable Turner Estates Subdivision in Madison County, this property offers the best of country living with convenient access to city amenities. The asking price is $43,900. City water, gas, and electricity are readily available at the roadside, ensuring seamless utility connections for any construction project. Gibson Electric provides electricity, while JEA supplies water and gas services. Restrictive covenants are in place to maintain the subdivision's aesthetic appeal and property values. Importantly, there are no homeowner's association (HOA) fees, offering greater flexibility and cost savings for the buyer. This large lot provides ample space for a substantial home or a mixed-use development, capitalizing on its dual commercial and residential zoning. The property's location within Three Way city limits (zip code 38343) offers a blend of rural tranquility and urban convenience. The coordinates are 35.768945 latitude and -88.855927 longitude. This is an ideal opportunity to build a custom home or explore commercial ventures in a picturesque Tennessee setting.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.