611 Hwy 52nd E Byp Lafayette, TN 37083
This exceptional 11.41-acre mixed-use property presents a rare investment opportunity in the thriving city of Lafayette, Tennessee. Located directly across from the new Macon County Courthouse, this strategically positioned land boasts an impressive 1000 feet of road frontage along the new Highway 52 Bypass, ensuring unparalleled visibility and accessibility. Its prime location places it in the heart of Lafayette, just a short distance from a Walmart Supercenter, solidifying its position in the town's most desirable commercial area. The expansive acreage offers significant development potential for a variety of uses, catering to the growing needs of the community. The property's high traffic count and proximity to key civic and retail establishments make it an ideal site for a diverse range of commercial ventures, from retail spaces and restaurants to professional offices and light industrial facilities. This is a once-in-a-lifetime chance to acquire a substantial parcel of land in a rapidly expanding market, offering substantial returns for the discerning investor. The property's size and location combine to create a truly unique opportunity to establish a significant presence in the heart of Lafayette. Don't miss this chance to secure a piece of Lafayette's vibrant future. The asking price is $1,400,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.