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Mixed-Use Land for Sale in Waverly, Tennessee

Wallace Rd, Waverly, TN 37185

$87,000
5.8 acres
Active
ago
Est $604/mo

Investors check out this 5.8 acre tract that's loaded with potential for commercial or residential development. Being located at the corner of Hwy 70 W and Wallace Rd in Waverly, TN, this property has both great visibility and accessibility. This tract boasts over 600 feet of road frontage on Highway 70 and has water, electric, and gas available. The lack of restrictions, the high traffic volume, and accessibility from two sides makes this spacious property ideal for profitable development. Located on the "Broadway of America", and situated halfway between Jackson and Nashville and only minutes away from Kentucky Lake access. This highly visible and high traffic location would be ideal for retail, office, or industrial use. Check out the many possibilities this tract has to offer.

Location

Street address
Wallace Rd
Elevation
436 feet
Coordinates
36.0743, -87.8693

Directions

From the intersection of Highway 70 and N Clydeton Rd in Waverly: Travel West on Hwy 70 for 3.9 miles. Property will be on your right at the corner of Hwy 70 and Wallace Rd. See sign.

Property details

Acreage
5.8 acres
Zoning
none
Access
Public road
MLS #
REALTRACS 3135285
Posted

Property taxes

Recent
$206

Parcels

  • 043 066 03500 000 2016

Details and features

Listing

Type
Land
Inclusions
Land Only
Possession
Close of Escrow

Lot

Size Source
Calculated From Plat
Terrain
Level
Road Frontage
County Road
Road Surface
Asphalt

Structure

Water
Public

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Nearby schools

NameType
Waverly ElementaryElementary
Waverly JR High SchoolMiddle
Waverly Central High SchoolHigh

Listing history

DateEventPriceChangeSource
Feb 25, 2026New listing$87,000REALTRACS
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This 5.8-acre property is located at Wallace Rd in Waverly, TN 37185. The property is available for sale for $87,000 with a price per acre of $15,000.

Checked 1 hour ago — Updated

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Realtracs

Based on information submitted to the MLS GRID as of Feb 25, 2026 12:00 pm MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more

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