Property summary
This exceptional 5,227,200 square foot commercial land parcel presents a remarkable investment opportunity in Lakeland, Tennessee. Located at 4455 Chambers Chapel Road, Shelby County, zip code 38002 (35.2470679, -89.7092843), this expansive 120-acre property is poised for immediate development. The property boasts pre-approved utilities, significantly reducing development timelines and costs. Importantly, plans for 95 residential lots have already received approval, eliminating lengthy permitting processes. Situated a convenient 30-minute drive from Blue Oval, this location offers unparalleled access and benefits from the area's projected growth and increasing demand. This prime real estate is ideally suited for developers and investors seeking a high-return project in a desirable and rapidly developing area. The asking price for this exceptional opportunity is $3,900,000. Don't miss this chance to capitalize on this ready-to-build, high-potential development.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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