546 N Morgan Creek Rd Sugar Tree, TN 38380
- Small apartment buildings
Current Use by Public Records
- The Ducks Nest Homestead / Housing Development
Property Details for 546 N Morgan Creek Rd
- Property type
- Small apartment buildings
Description
This exceptional 23,522.4 square foot property located at 546 N Morgan Creek Road in Sugar Tree, Tennessee, presents a unique investment opportunity. Situated in Decatur County, zip code 38380 (latitude 35.8396919, longitude -88.0203133), this mixed-use land offers versatility for various development projects. Currently classified as farm, apartment building, and residential land, the property's zoning allows for multiple uses, including residential, multifamily, and potentially recreational purposes. The substantial lot size provides ample space for a variety of development scenarios, from expanding an existing residential structure to constructing new multifamily units. The asking price is $69,999. Given its size and location, this property represents a compelling opportunity for investors seeking a multi-faceted investment in a desirable Tennessee location. The property's classification as a duplex/triplex/quadruplex further highlights its potential for rental income generation. Serious inquiries are encouraged to explore the full potential of this unique land parcel. Further due diligence is recommended to confirm zoning regulations and development possibilities.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sugar Tree
- County
- Decatur
- State
- Tennessee
- Longitude
- -88.0203133
- Latitude
- 35.8396919
