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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.

Highlights

  • Land
  • 5.8 Acre Lot
  • 262 days on Market

  • Cooling
    None
  • Heating
    None

  • Acres
    5.8
  • Lot Features
    Level
  • Utilities
    Water Available
  • Water
    Public

  • County
    Humphreys
  • City
    Waverly
  • Neighborhood
    n/a
  • Zip Code
    37185
  • High School
    Waverly Central High School
  • Middle School
    Waverly Jr High School
  • Elementary School
    Waverly Elementary

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Frequently Asked Questions

How do I schedule a tour of 0 Wallace Rd?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 0 Wallace Rd.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 0 Wallace Rd?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $87,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Waverly, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 0 Wallace Rd?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 0 Wallace Rd at around $512. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 0 Wallace Rd?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Humphreys County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 0 Wallace Rd?

In most cases, yes. Whether 0 Wallace Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Waverly's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 0 Wallace Rd?

We can handle that for you. Our preferred local agent specializes in lands in Waverly and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

0 Wallace Rd was listed on February 25, 2026, which means it's been on the market for 262 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

0 Wallace Rd sits on a 5.8-acre lot, which is 252,648 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Waverly Elementary
  • Middle: Waverly Jr High School
  • High: Waverly Central High School

Want to see how these schools compare? Check out our Humphreys County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 0 Wallace Rd?

The most recent public record shows annual property taxes for 0 Wallace Rd were approximately $206. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 0 Wallace Rd still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 14, 2026 at 04:27PM. 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.