Property profile

13 Country Oak Dr Three Way, TN 38343

OFF-MARKET
Land
Property ID
US80-0352444
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
UPID US80-0352444

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

13 Country Oak Dr Three Way, TN 38343
Three Way 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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