Railroad Street

Waverly TN 37185

96.3 ac.

Land

Last sold for $315,000

Janel Mallard, last sold this property on 09 July 2026 after 1359 days on market.

Overview

Exceptional opportunity to acquire a versatile property with long-term development potential. This tract offers years of designated development opportunities and features convenient access from both Station Drive and Railroad Street. Public water and sewer are available at the street, providing valuable infrastructure for future projects. The property's entrance flexibility allows for a wide range of residential development possibilities, from modest and affordable housing options to higher-end residential communities, making it an attractive investment for developers and builders alike. Ideally located just minutes from Waverly, this property combines accessibility, utility availability, and significant growth potential in a desirable location. Whether you're planning a mixed-income residential development or a thoughtfully designed neighborhood, this tract presents a rare opportunity to bring your vision to life. Buyer to verify all zoning, utility availability, and development requirements with local authorities.

Features

96.3 ac. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Waverly over the last 12 months, the estimated median property value of Railroad Street is $38.45k.

Median value

$38.45k

Estimated value range

$3.5k - $1.25m

Median days on market

100

Estimated value trend

-23%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Waverly. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for Railroad Street

2026

Sold

$315,000

09 Jul 2026 by Janel Mallard, of Tennessee Property Group

Happy sellers in Waverly

We have insufficient information to provide an overview of customer satisfaction for Waverly. Viewing the agent profiles, reviews and sales for Waverly can provide insights for this location.