Drivers LnProspect, TN 38477

Property Details for Drivers Ln

Lot size

0.42 AC

Property type

Commercial real estate

Description

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.

Location Insight

City

Prospect

County

Giles County, TN

State

Tennessee

Latitude

35.0472

Longitude

-86.8833

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