1936 Elkton Pike Pulaski, TN 38478
Exceptional 66.7-acre development opportunity in Pulaski, Tennessee, is now available for $2,700,000. This strategically located property, encompassing parcels 02810604700, 02810604701, and 02810602815, boasts a Commercial Mixed-Use zoning designation. Situated at the intersection of Highway 64 and Highway 31, this site offers unparalleled access and visibility. Preliminary approvals are in place for a mixed-use development, envisioning approximately 236 residential units and 5 acres dedicated to commercial development (zoned R4 and C1). The property is conveniently located two miles south of the University of Tennessee Southern campus, benefiting from its proximity to a thriving academic community. Existing infrastructure includes municipal sewer and utilities running directly through the property, simplifying development logistics. This prime location offers easy access to both Huntsville, Alabama (45 minutes) and Franklin, Tennessee (45 minutes), making it an attractive investment for developers seeking a blend of residential and commercial opportunities. The property has been annexed and rezoned within the city limits to align with a village concept plan. This is a rare opportunity to acquire a large, well-situated parcel with significant development potential in a growing area. The property is offered for sale by owner.
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.