108 Acres in Mason, TN - $1,200,000
Oak Terrace
ABOUT THE PROPERTY
Oak Terrace is an income-producing investment property located in northwest Fayette County, TN. The property is situated in the perfect location for long-term appreciation. The rapidly-growing town of Arlington is a short 10 minute drive to the west and Fords Blue Oval City Project is less than 10 minutes to the east. In West TN, it is challenging to find a farm that has 50% or more farmable acres; however, Oak Terrace is 87% +/- farmable making it a very productive property per purchased acre.
For investors, today it would be possible to subdivide the property into 7+ parcels by right along the existing Sinai Rd. frontage. Additionally, it would be compelling to wait for the new I-40 Interchange of Hwy 194 which will be 1.0 mile east of the property. This new interchange should improve access to the property and will likely bring many new developments to the area...
For investors, today it would be possible to subdivide the property into 7+ parcels by right along the existing Sinai Rd. frontage. Additionally, it would be compelling to wait for the new I-40 Interchange of Hwy 194 which will be 1.0 mile east of the property. This new interchange should improve access to the property and will likely bring many new developments to the area. In summary, Oak Terrace is positioned well to benefit from the Blue Oval City Development and related projects as well as the advancing growth east from the Memphis Area.
Summary:
108 +/- total acres with 95+/- acres tillable, thats 87% farmable acres!
Intensively managed for agricultural production.
No FEMA Floodplain. The property is upland with a gentle rolling topography.
1,900+ ft. of road frontage on Sinai Rd. and 1,100+ft. road frontage on I-40
Excellent sight lines from I-40 for future development potential.
Located 2 miles east of Exit 35 on I-40
Existing rustic farmhouse built in early 1900s
Recreational opportunities with deer and small game hunting.
Several potential dove field locations
Property Address is: 2520 Sinai Drive, Mason, TN 38049
Directions
From Memphis area, take I-40 east to Exit 35 then head north on Hwy 59 1.25 miles then right on Porter Rd. proceed 0.65 miles then right on Sinai Rd. proceed for 2.44 miles and the property will be on your left.
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