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Property profile & analytics
OFF-MARKET
Commercial real estate

5221 Chester St Arlington, TN 38002

117.64 ac lot
Property ID
US80-1985815
Property summary
AI-generated overview

This exceptional 117.64-acre residential development tract is situated in Arlington, Tennessee, just off I-40, offering unparalleled convenience and access to Memphis. Priced at $3,940,940 ($33,500/acre), this property presents a significant opportunity. Currently enrolled in the Tennessee Greenbelt tax savings program, it boasts all public utilities and merchantable timber. A sewer installation is underway, streamlining development. This is one of the largest remaining tracts in Arlington, and the seller is willing to subdivide. The property's APN is A0152 00066. All due diligence has been completed, facilitating a rapid project commencement. This is one of three available tracts totaling up to 289.2 acres, providing potential for large-scale development. The property is zoned for residential use (Res) and is located at 5221 Chester St, Arlington, TN 38002.

Property profile
Verified
Property type Commercial real estate
Lot 117.64 ac (5,124,398 SF)
APN A0152 00066
UPID US80-1985815
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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