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0 N Chester st
Arlington, TN 38002
117.6 Acre Res Dev Tract outside Memphis! · Land For Sale · 117.64 AC
Investment Highlights
- Up to 289.2 adjoining residential development acres total available, including this tract
- Town is currently installing sewer across this property
- All due diligence already performed for quick start
- Located next to Interstate 40 and close to Memphis
- One of the largest remaining development tracts outside Memphis
Executive Summary
PROPERTY FACTS
Sale Type | Investment or Owner User | Property Type | Land |
Sale Conditions | Bulk/Portfolio Sale | Property Subtype | Residential |
No. Lots | 1 | Total Lot Size | 117.64 AC |
Sale Type | Investment or Owner User |
Sale Conditions | Bulk/Portfolio Sale |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 117.64 AC |
1 Lot Available
Lot
Price | $3,940,940 | Lot Size | 117.64 AC |
Price Per AC | $33,500 |
Price | $3,940,940 |
Price Per AC | $33,500 |
Lot Size | 117.64 AC |
Located just south of Interstate 40 on the west side of Chester St. Property can also be accessed from Arlington Trail end of road.
Description
1 of 3 prime residential tracts available. Seller will subdivide. Offered at $33,500 an acre. Current sewer installation in progress. This is one of the largest development tracts left in Arlington. Located right off I-40 for prime location and convenience to everything and Memphis. Currently in the TN Greenbelt tax savings program and can be developed in smaller pieces to maximize return. All public utilities available and merchantable timber.
PROPERTY TAXES
Parcel Number | A0-152-0-0067 | Improvements Assessment | $0 |
Land Assessment | $401,175 | Total Assessment | $401,175 |