$159,000
$205,000
22.4%For more information regarding the value of a property, please contact us for a free consultation.
480 SqFt
SOLD DATE : 10/05/2023
Key Details
Sold Price $159,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Square Footage 480 sqft
Price per Sqft $331
MLS Listing ID 2488844
Sold Date 10/05/23
Year Built 1985
Annual Tax Amount $80
Lot Size 1.970 Acres
Acres 1.97
Property Description
**IMMEDIATE INCOME POTENTIAL**a communication tower lease is in place ** A cell tower will be placed on this property. It will only take up approximately 400 sq ft( 20x20 ) THE LEASING COMPANY WILL PAY OWNER $700/mth FOR 33 YEARS AND THE PAYMENT WILL INCREASE 3%EVERY YEAR. That’s basically like getting a free business opportunity to make this place the business you’ve always dreamed of!! Located on the heavily traveled Turnpike (Hwy 240). Includes 1+ acre open lot beside a 24x20 metal building. This is a huge business opportunity for the fast-growing Summertown area. The long-term communications company lease provides significant income possibilities without interfering with the commercial possibilities. Call for more details
Location
State TN
County Lawrence County
Zoning commercial
Interior
Fireplace N
Exterior
Waterfront false
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