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13520 Monterey Hwy - 13520 Monterey Hwy, Monterey, TN 38574 2.64 Acres of Commercial Land Offered at $950,000 in Monterey, TN 38574
Investment Highlights
- Positioned at Exit 300 off Interstate 40, providing unparalleled visibility and highway access.
- Located in a zone with potential for residential, hospitality, retail, and service-related developments.
- Utilities and regional road infrastructure nearby, making the site attractive for swift development timelines.
- 2.64-acre parcel with flexible layout options and rolling topography.
- Surrounded by growing residential areas and the amenities of Putnam County, supporting multiple business uses.
Executive Summary
This 2.64-acre commercial land parcel offers an exceptional opportunity at Exit 300 along I-40 in Monterey, Tennessee. Featuring significant road frontage and unmatched interstate visibility, the property’s strategic positioning presents ideal conditions for a range of development uses. Its highly accessible location supports potential applications including multi-family projects, restaurants, quick-service food establishments, office complexes, retail centers, hotel or motel facilities, automotive service businesses, and self-storage solutions. Rolling terrain provides layout flexibility, and existing infrastructure along Monterey Highway enhances development viability. With the region experiencing continued growth and consistent interstate traffic, this site positions new owners to leverage both local demand and regional connectivity. Its proximity to surrounding residential communities and established commercial nodes further amplifies its draw for business-focused investment.
Property Facts
| Price | $950,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.64 AC |
| Property Type | Land | ||
| Zoning | C - Commercial | ||
| Price | $950,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.64 AC |
| Zoning | C - Commercial |
1 Lot Available
Lot
| Price | $950,000 | Lot Size | 2.64 AC |
| Price Per AC | $359,848.48 |
| Price | $950,000 |
| Price Per AC | $359,848.48 |
| Lot Size | 2.64 AC |
The property encompasses 2.64 acres of prime unimproved land fronting on Monterey Highway with a rolling slope profile, supporting versatile development configurations.
Description
The tract consists of approximately 2.64 acres located at Exit 300 on Interstate 40 in Monterey, Tennessee. It features significant road frontage and rolling terrain. The site is situated in close proximity to regional residential areas and other commercial activities. Interstate connections support traffic flow to cities within the region, providing access to State Highway networks as well as local routes.
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
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13520 Monterey Hwy - 13520 Monterey Hwy, Monterey, TN 38574
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