For Sale
$59,900

Drivers Ln Prospect, TN 38477

High-yield billboard property with lease in place.

Property Records

Overview

Added:
Feb 3
Days on market:
85
This unique commercial property, located at 0 Drivers Lane in Prospect, Tennessee, presents a compelling investment opportunity. The 0.42-acre lot is currently utilized for billboard advertising, with a single billboard currently under lease generating annual rental income. The property's zoning allows for communications-related land use, making it ideal for continued billboard operation or potential expansion. The existing lease provides a stable income stream, offering immediate return on investment. The property's location in Prospect, Tennessee, offers excellent visibility and accessibility, ensuring optimal exposure for advertising. This is a turnkey investment, requiring minimal management and offering significant potential for future growth. The sale price is $59,900. Given the current lease and the property's zoning, this represents a strong potential for passive income generation. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is sold as-is. Further details regarding the lease agreement and financial performance are available upon request. This is a rare chance to acquire a profitable commercial property in a desirable location.

Property Details for Drivers Ln

Property type
Commercial real estate
Lot Size (sq. ft)
18,295 SF

Location Insight

City
Prospect
County
Giles County, TN
State
Tennessee
Latitude
35.04719
Longitude
-86.88329

FAQs

What type of property is this?
Commercial real estate - High-yield billboard property with lease in place.
Where is the commercial real estate located?
The property is located at Drivers Ln Prospect, TN.
What is the asking price?
The asking price for this property is $59,900.
How can I contact the broker?
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Drivers Ln
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