Wallace Rd
Waverly, TN 37185
(on 5.80 acres)
Local Information
-- mins to
Description
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.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
144 days ago
Home Details for Wallace Rd
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MLS Status: Active |
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Appliances & Utilities Utilities: Water Available |
Heating & Cooling No CoolingNo Heating |
View No View |
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Exterior Home Features No Private Pool |
Frontage Road Frontage: County RoadRoad Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: None |
Surface & Elevation Topography: Level |
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Days on Market: 144 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building Not Attached Property |
Property Information Included in Sale: Land Only |
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Price List Price: $87,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: Waverly |
School Information Elementary School: Waverly ElementaryJr High / Middle School: Waverly Jr High SchoolHigh School: Waverly Central High School |
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Listing Agent Listing ID: 3135285 |
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Not Senior Community |
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No HOA |
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Lot Area: 5.8 Acres |
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Special Conditions: Standard |
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Mls Number: 3135285 |
Last check for updates: about 7 hours ago
Listing Provided by: Marcus L Vine
Bill Collier Realty & Auction Co., (931) 296-2766
Source: RealTracs MLS as distributed by MLS GRID, MLS#3135285

Also Listed on RealTracs MLS as distributed by MLS GRID.
Market trends in Waverly
Last updated June 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
63
3MoM
Price History for Wallace Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 02/25/2026 | $87,000 | Listed For Sale | RealTracs MLS as distributed by MLS GRID #3135285 |
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Comparable Sales for Wallace Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.95 | Lot/Land | $374,000 | 10/21/25 | - | - | ||
1.99 | Lot/Land | $4,250,000 | 12/23/25 | - | - | ||
2.14 | Lot/Land | $191,800 | 07/23/25 | - | - | ||
2.99 | Lot/Land | $130,000 | 04/14/26 | - | - | ||
3.31 | Lot/Land | $137,500 | 04/18/26 | - | - | ||
3.42 | Lot/Land | $214,900 | 02/23/26 | - | - | ||
3.65 | Lot/Land | $500,000 | 03/24/26 | - | - | ||
4.13 | Lot/Land | $160,000 | 09/10/25 | - | - | ||
4.43 | Lot/Land | $35,000 | 05/14/26 | - | - | ||
4.08 | Lot/Land | $215,000 | 02/03/26 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for Wallace Rd.
What Locals Say about Waverly
At least 7 Trulia users voted on each feature.
100 % Say there's holiday spirit
100 % Say parking is easy
91 % Say car is needed
80 % Say yards are well-kept
77 % Say there's wildlife
77 % Say people would walk alone at night
75 % Say streets are well-lit
70 % Say kids play outside
62 % Say it's dog friendly
57 % Say it's quiet
55 % Say it's walkable to restaurants
51 % Say neighbors are friendly
50 % Say there are community events
44 % Say there are sidewalks
33 % Say they plan to stay for at least 5 years
30 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Marcus L Vine, Bill Collier Realty & Auction Co., (931) 296-2766

Based on information submitted to the MLS GRID as of 2026-07-19 23:18:22 PDT. 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. Click here for more information
Wallace Rd, Waverly, TN 37185 is a lot/land. This property is currently available for sale and was listed by RealTracs MLS as distributed by MLS GRID on Feb 25, 2026. The MLS # for this home is MLS# 3135285.

