0 Larry Anderson dr - 289.4 Ac prime development outside Memphis!
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0 Larry Anderson dr - 289.4 Ac prime development outside Memphis!
289.2 Acres of Agricultural Land Offered at $9,688,200 in Arlington, TN 38002
Investment Highlights
- Located in the greenbelt program for tax savings and can be developed in small partitions
- Just outside of Memphis and still close to everything
- Location is booming with new commercial builds on every corner (Marriott hotels, Baptist ER Center, New Kroger food store, VA Hospital and lots more
- New Ford EV plant is being built now less than 20 minutes away for up to 6k new employees and Arlington has major housing shortage
Executive Summary
3 adjoining development tracts totaling 289.2 acres right in the middle of Arlington, TN! Extensive due diligence & studies already performed. Diligence and studies may convey with accepted offer. This is a developer's dream site & just in time with the enormous housing needs of the new Ford plant. Arlington has approved & started on the sewer extension across these properties for massive development savings. Sellers will subdivide, at a premium.
Property Facts
| Price | $9,688,200 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Agricultural |
| Sale Conditions | Bulk/Portfolio Sale | Total Lot Size | 289.20 AC |
| No. Lots | 1 | Cross Streets | Chester St |
| Price | $9,688,200 |
| Sale Type | Investment |
| Sale Conditions | Bulk/Portfolio Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Total Lot Size | 289.20 AC |
| Cross Streets | Chester St |
1 Lot Available
Lot
| Price | $9,688,200 | Lot Size | 289.20 AC |
| Price Per AC | $33,500 |
| Price | $9,688,200 |
| Price Per AC | $33,500 |
| Lot Size | 289.20 AC |
3 adjoining development tracts totaling 289.2 acres right in the middle of Arlington! Extensive due diligence & studies already performed. Diligence and studies may convey with accepted offer. This is a developer's dream site.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,100 | |
| Land Assessment | $1,053,500 | Total Assessment | $1,057,600 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,053,500
Improvements Assessment
$4,100
Total Assessment
$1,057,600
zoning
| Zoning Code | Residential (Currently zoned agriculture and to be rezoned residential. Located within the Greenbelt tax-savings program.) |
| Residential (Currently zoned agriculture and to be rezoned residential. Located within the Greenbelt tax-savings program.) |
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0 Larry Anderson dr - 289.4 Ac prime development outside Memphis!
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