10 Acres Undeveloped - Commercial

0 Lakeland Hills Lakeland, TN 38002

FOR SALE
Property Type:
Other Land
Amount:
$475,000
Last Verified:
May 19, 2017

Highlights

  • Lakeland in Top Three TN Cities for Young Families
  • $50M in Current & Planned projects over the next 3 years
  • New Lakeland Middle School Approved
  • Lakeland Ranks Among Top 10 Most Affordable Places to Live in Tennessee
  • Recent Approval in area for $39M TIF

Description

Prime Development Opportunity!! Zoning Allowances - Mixed Use, Cottage Commercial, Commercial & Civic Building Types. Property located in the Heart of a Fast Pace Growing Lakeland District. Fronting this site is the newly built and opened Waffle House which neighbors a host of Top Retailers: Autozone, Gateway Tire Services, and Sonic Drive-in.

Head northeast on I-40 E, Take exit 18 to merge onto US-64 E toward Somerville, Turn left onto Lakeland Hills Dr and arrive at the site location.

Lot Size: 10.12 acres

Map of 0 Lakeland Hills, Lakeland, TN, 38002

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.