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Highway 104 N - 38.48 Acres off I-40 North at Exit 101

38.48 Acres of Industrial Land Offered at £391,413 in Cedar Grove, TN 38321

Investment Highlights

  • A RARE opportunity to purchase a large 38.48 acre site along Interstate 40 at Exit 101 with Interstate visibility
  • Located within the Henderson County limits and has no zoning designation which allows for a wide range of uses including industrial outside storage.
  • Immediate Interstate 40 access and located 19 miles from city of Jackson
  • Located halfway between Memphis and Nashville. Take advantage of West Tennessee's growth from Elon Musk's xAI supercomputer to FORD' BlueOval City.
  • Located off Highway 104 which is one of the main traffic arteries into the city of Lexington

Executive Summary

A RARE opportunity to purchase a large 38.48 acre site along Interstate 40 at Exit 101 with interstate visibility.
Located halfway between Memphis and Nashville. Take advantage of West Tennessee's growth from Elon Musk's xAI supercomputer headquarters in Memphis to Ford’s BlueOval City manufacturing campus in Stanton (Haywood County).
Located within the Henderson County limits and currently has no zoning designation which allows for a wide range of uses.
Located off Highway 104 which is one of the main traffic arteries into the city of Lexington.
Immediate Interstate 40 access and located 19 miles from the city of Jackson.
Location off Interstate 40 provides a great site for any commercial, industrial, residential development or industrial outside storage.
The size and location of this site provides a great opportunity for any company's offsite or "just-in-time" storage facility, a materials holding yard, industrial distribution facility, light manufacturing, flex warehouse development, truck storage, self-storage, fuel center, automotive supplier, church buildings, education buildings, major mixed-use development, hotels, motels, all types of residential development, retail development, an auto or capital-equipment dealership, county/civic use, recreation/sports fields, RV sales, West TN regional auto auction, State of TN use, vocational training facility, private school, Farmers Co-op and SO MUCH MORE!!!

Attachments

Henderson County and I-40 Sites - Offering Memorandum
ALTA Survey of 38.48 Acre

Property Facts

Price £391,413
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Development Sale
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Auto Dealership
  • Auto Repair
  • Auto Salvage Facility
  • Baseball Field
  • Casino
  • Cement or Gravel Plant
  • Cemetery or Mausoleum
  • Community Centre
  • Contractor Storage Yard
  • Correctional Facility
  • Distribution
  • Food Processing
  • Garden Centre
  • General Freestanding
  • Golf Course or Driving Range
  • Healthcare
  • Health Club
  • Hold For Development
  • Hold For Investment
  • Horse Stables
  • Hospital
  • Hotel
  • Industrial Live or Work Unit
  • Industrial Park
  • Lodge or Meeting Hall
  • Lumberyard
  • Manufactured Homes or Mobile Home Park
  • Master Planned Community
  • Medical
  • Motel
  • Movie, Radio or Television Studio
  • Office Park
  • Open Space
  • Outlet Centre
  • Planned Unit Development
  • Police or Fire Station
  • Public Park
  • Research and Development
  • Radio or Television Transmission Facility
  • Recycling Centre
  • Refrigeration or Cold Storage
  • Rehabilitation Centre
  • Religious Facility
  • Retail Warehouse
  • Schools
  • Self Storage
  • Shelter
  • Single Family Development
  • Skating Rink
  • Specialty, Festival or Entertainment
  • Trailer or Camper Park
  • Truck Stop
  • Truck Terminal
  • Utility Substation
  • Veterinarian or Kennel
  • Warehouse
  • Amusement Park
  • Agricultural
  • Pasture Ranch
  • Timberland
  • Single Family Residence
Total Lot Size 38.48 AC

1 Lot Available

Lot

Price £391,413
Price Per AC £10,172
Lot Size 38.48 AC

A large 38.48 acre site along Interstate 40 at Exit 101. Located halfway between Memphis and Nashville. Located 60 miles from Ford’s BlueOval City manufacturing campus. Located 19 miles from city of Jackson. Great for industrial or commercial site.

Description

A RARE opportunity to purchase a large 38.48 acre site along Interstate 40 at Exit 101 with Interstate visibility Located halfway between Memphis and Nashville. Take advantage of West Tennessee's growth from Elon Musk's xAI supercomputer headquarters in Memphis to Ford’s BlueOval City manufacturing campus in Stanton (Haywood County) Located within the Henderson County limits and has no zoning designation which allows for a wide range of uses Located off Highway 104 which is one of the main traffic arteries into the city of Lexington Immediate Interstate 40 access and located 19 miles from city of Jackson Location off Interstate 40 provides a great site for any commercial, residential development or industrial outside storage.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
039034 05002
Land Assessment
£3,795
Improvements Assessment
£0
Total Assessment
£3,795
  • Listing ID: 32158423

  • Date on Market: 17/06/2024

  • Last Updated:

  • Address: Highway 104 N, Cedar Grove, TN 38321

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