5723 Highway 100 Lyles, TN 37098
This exceptional 8.54-acre commercial lot in Lyles, Tennessee, presents a remarkable investment opportunity. Ideally situated at 5723 Highway 100, this property boasts significant development potential, with the owner open to subdividing the land to suit specific project needs. A key advantage is the existing sewer easement running through the property from Highway 46, ensuring straightforward utility connections. High-speed internet access and city water are already in place, simplifying infrastructure development. The location offers excellent accessibility, being approximately seven miles from both Interstate 40 and Interstate 840, providing convenient access to major transportation routes and a wider market. The property's zoning and size make it suitable for a variety of uses, including apartments, commercial buildings, or high-density residential development. Given its prime location and readily available utilities, this property is poised for substantial growth and return on investment. Prospective buyers are encouraged to explore the possibilities this unique parcel offers. Please note that access to the property requires prior approval. The asking price is $1,000,000. Serious inquiries only.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.