For sale

$3,999,900

Est. $23,961/mo —

Land

•

45.00

acres (lot)

1360 S 1st Ave, Baxter, TN 38544

About this home

The subject property totals 45+ acres with over 2,700 feet of frontage and visibility along I-40 in an area of new and existing residential and commercial development. The property has a C-2 General Commercial zoning designation and is situated less than mile north of the the I-40/SR 56 interchange at Exit 280. The entire parcel is situated within a Qualified Opportunity Zone and is primarily rolling to flat terrain. AADT counts at the I-40/SR 56 interchange are in excess of 49,544 vpd.

Vacant landProperty Type

45 acresLot Size

$88,887Price/Acres

Listed by Wayne Russell • Highlands Elite Real Estate LLC

Contact: 9314008820

Listing updated: Jul 31, 2026 at 01:22pm

Redfin checked: 2 minutes ago

•Source:UCMLS #238623

Payment calculator

$23,961 per month

Principal and interest$22,649

Property taxes

$246

HOA dues

Home insurance

$1,067

Utilities

Add

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Around this home

Schools

K - 12
Preschool & daycare

Baxter Elementary School

Public 2-4 • Assigned • 1.4mi

6/10

Upperman Middle School

Public 5-8 • Assigned • 2.1mi

5/10

Upperman High School

Public 9-12 • Assigned • 2.2mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
Rolling topography mentioned under land info

Sale and tax history for 1360 S 1st Ave

Sale History
Tax History

Date

Event

Price

UCMLS #238623

Jul 31, 2026

Price Changed

$3,999,900

Aug 14, 2025

Listed

$4,600,000

UCMLS #202458

May 20, 2022

Sold

$1,600,000

The subject property totals 45+ acres with over 2,700 feet of frontage and visibility along I-40 in an area of new and existing commercial development. The property has a C-2 General Commercial zoning designation and is situated less than mile north of the the I-40/SR 56 interchange at Exit 280. The entire parcel is situated within a Qualified Opportunity Zone and is primarily rolling to flat terrain. AADT counts at the I-40/SR 56 interchange are in excess of 36,500 vpd. Just south of the Subject Property, Portobello America, Inc. plans to break ground in the Spring of 2021 on their approximately $150,000,000 new facility which will add up to 220 new jobs.

Public Records

Mar 7, 2005

Sold

$400,000

Public record

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

45.47 Acres

Year renovated

1962

Finished Sq. Ft.

1,320

Unfinished Sq. Ft.

Total Sq. Ft.

1,320

Year built

1962

Style

Single Family Residential

County

Putnam County

APN

06400400000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Mar 20, 2025.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

4/10 Heat Factor

7 days above 104° expected this year, 19 days in 30 years

3/10 Wind Factor

7% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Baxter, TN • 38544

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

96/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 10% for direct sun exposure in Baxter. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.6 hrs

6.2 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1360 S 1st Ave

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $305,000 and $868,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $305K to $868K.

SOLD JUL 9, 2026
$305,000 Last sold price
3 beds2 baths1,482 sq ft
312 Oliver Way NW, Baxter, TN 38544
smaller lot
finished basement
SOLD JUN 23, 2026
$576,500 Last sold price
3 beds2.5 baths2,389 sq ft
7140 Honeysuckle Trl, Baxter, TN 38544
smaller lot
SOLD JUN 25, 2026
$399,000 Last sold price
4 beds2.5 baths2,792 sq ft
5461 Buffalo Valley Rd, Cookeville, TN 38501
smaller lot
finished basement
SOLD JUL 31, 2026
$362,500 Last sold price
4 beds2.5 baths2,030 sq ft
217 Peach St, Baxter, TN 38544
smaller lot
SOLD JUN 10, 2026
$320,000 Last sold price
3 beds2 baths1,537 sq ft
3900 Buffalo Valley Rd, Cookeville, TN 38501
smaller lot
SOLD APR 9, 2026
$868,000 Last sold price
4 beds2 baths2,508 sq ft
1790 Coon Hunt Rd, Baxter, TN 38544
smaller lot
basement

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