N Morgan Street Extension

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N Morgan Street Extension

Union City, TN 38261
Asking Price
$90K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel spanning approximately 0.99 acres total area.
  • Located along N Morgan Street Extension in Union City, Tennessee.
  • Property is currently listed for sale at 89,900 dollars.
  • Suitable for commercial development projects like retail or office.
  • Positioned within the active business district of Obion County.

What's Special

Commercial development awaits on this 0.99-acre parcel situated on N Morgan Street Extension in Union City, Tennessee. This land provides a versatile foundation for investors looking to establish a footprint in a steady regional market. The site is well-positioned for retail or professional office use, benefiting from proximity to the established business corridors that define this portion of Obion County. Union City functions as a hub for the surrounding rural economy, maintaining consistent demand for accessible commercial services. The topography and size of this property allow for flexible site planning, whether for a standalone service provider or a small multi-tenant facility. Buyers can capitalize on the existing infrastructure in the area to support new construction projects tailored to the local commercial sector.

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NOI
$80,000
Cap Rate
88.99%
DSCR
14.99
Strong
Cash-on-Cash
276.84%
Monthly Payment
$444.776
Annual Cash Flow
$74,662.686

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