Sherwood Drive

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Sherwood Drive

Union City, TN 38261
Asking Price
$99K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • The 0.99-acre parcel is positioned on Sherwood Drive in Union City.
  • Property is currently listed for sale at a price of $99,000.
  • This commercial land tract is suitable for retail or office development.
  • The site is located within an established corridor of Obion County.
  • Regional connectivity supports business operations throughout Northwest Tennessee markets.

What's Special

Priced at $99,000, this 0.99-acre commercial land parcel sits on Sherwood Drive in Union City, Tennessee. The site provides a strategic footprint for developers or business owners seeking a presence in this growing regional hub. Union City serves as a central point in Obion County, benefiting from established infrastructure and consistent connectivity to surrounding manufacturing and agricultural markets in Northwest Tennessee. With its flexible commercial zoning, the property is well-suited for a variety of build-to-suit projects, including retail service outlets, small-scale office facilities, or specialized commercial storage solutions. The surrounding area continues to experience steady demand for accessible business sites near primary thoroughfares. Prospective buyers will find this land an efficient acquisition for operations requiring modest site requirements within an accessible, established community framework. This offering presents a straightforward path for those looking to expand or relocate business operations in the region.

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NOI
$80,000
Cap Rate
80.81%
DSCR
13.61
Strong
Cash-on-Cash
249.57%
Monthly Payment
$489.798
Annual Cash Flow
$74,122.424

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