For Sale
Call for price

833 University StMartin, TN 38237

7.55 acres, prime location, build-to-suit.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 7.55-acre commercial land parcel presents a unique investment opportunity in Martin, Tennessee. Located at the intersection of Skyhawk Parkway and University Street, this property benefits from a high-traffic count exceeding 12,000 vehicles per day. Zoned PB (Planned Business), it's ideally suited for new commercial development. The site offers convenient access to all city services and enjoys a prime location adjacent to the University of Tennessee at Martin, home to approximately 8,000 students. This proximity provides access to a substantial student population, supplementing the existing trade area population of 38,692 residents. The strong local economy is underscored by a trade area average household income of $45,721 and a significant consumer spending power totaling $505 million, with $139 million representing retail opportunity. Available in tracts ranging from 0.5 to 2 acres, this development offers flexibility for various commercial ventures. This location offers unparalleled access to a thriving market, making it an exceptional opportunity for investors and developers alike. The property is situated in historic Martin, TN, offering a blend of established community and vibrant growth potential.

Highlights

  • High-traffic location adjacent to the University of Tennessee at Martin (8,000 students).
  • Trade area boasts a $45,721 average household income.
  • High-visibility site at an intersection with over 12,000 vehicles per day.
  • Significant retail opportunity: $139 million in retail potential within a trade area generating $505 million in consumer spending.
  • Strong trade area population of 38,692.

Property Details for 833 University St

Property type
Land
Lot Size (sq. ft)
328,878 SF

Location Insight

City
Martin
County
Weakley
State
Tennessee
Latitude
36.3499719
Longitude
-88.8736782
833 University St, Martin, Tennessee

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833 University St
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