6333 Nashville HwyBaxter, TN 38544

  • Land
  • 9.60 AC
For Sale
$4,999,000 View listing

Property Details for 6333 Nashville Hwy

Lot size
9.60 AC
Property type
Land
Property subtype
Commercial land
APN
071037M A 08800 001
APU
071037MA08800001

Description

This exceptional 12.9-acre commercial property in Baxter, Tennessee, presents a remarkable development opportunity. Located at a soon-to-be signalized intersection on Highway 56, this unimproved tract boasts 1942 feet of paved county road frontage. Its strategic location is adjacent to a new 88-home development by D.R. Horton's Express Home division, indicating significant growth in the area. West Putnam County is experiencing substantial expansion, further enhanced by recently announced infrastructure upgrades from Putnam County and TDOT, improving sewer capacity and the Highway 56 and Interstate 40 corridor. The property is zoned commercial and offers utilities including sewer and water from a utility district. Nearby schools include Baxter Elementary, Cornerstone Middle, and Upperman High School. This site is ideal for a variety of mixed-use developments, capitalizing on the area's robust growth and prime location. The asking price is $4,999,000. Directions: From Putnam County Community Hospital, head south toward S Lowe Ave, turn right onto S Lowe Ave, turn left onto E Spring St, continue onto US 70 N/W Broad St approximately 6.4 miles

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $82,687,896
    Hospitality
    $75,741,672
    Educational
    $63,016,180
    Medical
    $65,183,404
    Retail
    $98,025,168
6333 Nashville Hwy, Baxter, Tennessee

Location Insight

City
Baxter
County
Putnam
State
Tennessee
Latitude
36.1725
Longitude
-85.6264
CBSA code
18260
CBSA name
COOKEVILLE, TN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$135
$3,800
-
$3,800
-
$9,500
-
$9,500

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