Prime commercial acreage at the front door of the Blue OvalFord Megasite in Stanton TN, 1/2 mile off of Interstate 40. With the brand new TCAT School next door, this acreage could stand to host a number of potential investment opportunities, including hotels, restaurants, apartments, shopping, and more. Nearly 530 feet of road frontage. 40miles from Jackson TN and 45 miles to inner city Memphis. Shares interstate exit with Pilot Gas. Call Brad Greer for more information.
Property Details
Property Features
Listing Office:
Office Name: Greer Real Estate Group
Lot Features
Lot Information:
Lot: Other, Irregular Lot
Lot Size: 10.00 Acres
Other
Directions Information:
Directions: From I40 and Highway 222, head north a half of a mile and turn onto Stanton Somerville Rd. Property is on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $5,500,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Stanton, TN.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$27.5K
Per Month
Principal & Interest
$27.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$16.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Buckley-Carpenter Elementary School
12580 S Main St
Distance between this listing and this school11.87 miles
Public District Grades PK-5
2
/10
Oakland Elementary School
14925 Highway 194
Distance between this listing and this school13.17 miles
Public District Grades PK-5
3
/10
Austin Peay Elementary School
474 Academic Dr
Distance between this listing and this school13.64 miles
Public District Grades PK-5
Nearby Schools
4
/10
East Junior High School
400 Leach Dr
Distance between this listing and this school8.43 miles
Public District Grades 6-8
3
/10
West Junior High School
13100 Highway 194
Distance between this listing and this school14.79 miles
Public District Grades 6-8
3
/10
Haywood Middle School
1201 Haralson St
Distance between this listing and this school15.49 miles
Public District Grades 7-8
Nearby Schools
4
/10
Fayette-Ware High School
13520 Highway 59
Distance between this listing and this school8.39 miles
Public District Grades 9-12
4
/10
Haywood High School
1175 E College St
Distance between this listing and this school16.64 miles
Public District Grades 9-12
8
/10
Arlington High School
5475 Airline Rd
Distance between this listing and this school16.86 miles
The neighbors living near this home have an average income of $26,212. Residents of Stanton, TN typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5284 Stanton-Somerville Rd
What is the listing price of this property?
The listing price of 5284 Stanton-Somerville Rd property is $5,500,000.
What type of property is this?
The property 5284 Stanton-Somerville Rd is land located in Stanton, Tennessee, 38069.
Is this property for sale now?
Active Listing: 5284 Stanton-Somerville Rd is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 5284 Stanton-Somerville Rd is 10.00 acres.
Interested in 5284 Stanton-Somerville Rd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5284 Stanton-Somerville Rd in Stanton, TN and zip code 38069. This home sits on a 10.00 acre lot. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $5,500,000.
In November 2024, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $199,900.
From Rocket Homes Real Estate and based on county public records data.
NASCAR
NASCAR
Monster Trucks
Hunting
Dollar General
Wal-Mart
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
GMC
Chevrolet
Ram
Classic Country
New Country