0 Larry Anderson dr - 289.4 Ac prime development outside Memphis! 289.2 Acres of Agricultural Land Offered at $12,760,722 CAD 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
1 LOT AVAILABLE
Lot
| Price | $12,760,722 CAD |
| Price Per AC | $44,124.21 CAD |
| 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 | $5,833 CAD | |
| Land Assessment | $1,498,709 CAD | Total Assessment | $1,504,542 CAD |
ZONING
| Zoning Code | Residential (Currently zoned agriculture and to be rezoned residential. Located within the Greenbelt tax-savings program.) |
