5351 Nika Dr

42,253 / 0.97
Lot Size / Acres

Description

Nice almost 1 acre commercial lot on Hwy 45 Bypass at Three Way. Excellent location for retail, medical, office, car lot, or other great businesses. High traffic area with great visibility. Across the street from Jones Motor Co. ; Next to Dollar General. Check it out today.Nice almost 1 acre commercial lot on Hwy 45 Bypass at Three Way. Excellent location for retail, medical, office, car lot, or other great businesses. High traffic area with great visibility. Across the street from Jones Motor Co. ; Next to Dollar General. Check it out today.

Property Details for 5351 Nika Drive

Waterfront Features
Pond
Subdivision Name
Other
LISTING UPDATED: 02/09/2026 03:05 PM

Property Details for 5351 Nika Drive

StatusActive
MLS #2502574
Days on Market264
Taxes$1,122 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size0.97 AC
CountyMadison County

Location

Listing Courtesy of Hickman Realty Group Inc.-Jack
Add your commute

Building Information for 5351 Nika Drive

Lot Size0.97 AC

Payment Calculator

$1,190 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,097

Property Taxes

$94

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5351 Nika Drive

Summary
Location and General Information
  • Latitude: 35.750045
  • Longitude: -88.845287
  • View: No
Taxes and HOA
  • Association Fee: $0
  • Tax Legal Description: Annex 2-5-04
  • Tax Book Number: 10
  • Tax Annual Amount: $1,122
School Information
  • District High School: Jackson Madison Consolidated District
  • Elementary School District: Jackson Madison Consolidated District
Property
Lot Information
  • Lot Size Dimensions: 163.72X259.08X163.80X
  • Lot Size Square Feet: 42253.2
  • Lot Size Acres: 0.97
  • Lot Size Area: 0.97
  • Lot Size Units: Acres
  • Lot Features: Other
  • Pasture Area: 0.0
  • Range Area: 0.0
  • Wooded Area: 0.0
Property and Assessments
  • Parcel Number: 016K A 005.00
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Road Surface Type: Asphalt
  • Road Frontage Type: City Street
  • Current Use: Vacant
  • Possible Use: Commercial, Office, Retail
Interior and Exterior Features
Interior Features
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0

Property History for 5351 Nika Drive

DateEvent & SourcePriceAppreciation
Feb 9, 2026

Price Change

CWTAOR #2502574

$225,000
Jun 4, 2025

Listed (Active)

CWTAOR #2502574

$269,900
Sep 5, 2019

Sold (Public Record)

Public Record #652277231

$50,000

+56.8% / yr

Sep 20, 2018

Sold (Public Record)

Public Record #631389854

$32,500
DateEvent & SourcePrice
02/09/2026

Price Change

CWTAOR #2502574

$225,000
06/04/2025

Listed (Active)

CWTAOR #2502574

$269,900
09/05/2019

Sold (Public Record)

Public Record #652277231

$50,000

+56.8% / yr

09/20/2018

Sold (Public Record)

Public Record #631389854

$32,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5351 Nika Drive

Taxable ValueLand$49,000Additions-Total$49,000
Home Facts
Lot Size42,253 SqFtStyleCommercialCountyMADISONAPN016K A 00500

Schools near 5351 Nika Drive

This home is within Madison County School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Pope School
PublicK to 6

Northeast Middle School
Public6 to 8

North Side High School
Public9 to 12

Jackson Academic STEAM Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

5351 Nika Drive is a 0.97 ac of land for sale in Three Way, TN 38343. This property was listed for sale on June 4, 2025 by Hickman Realty Group Inc.-Jack, it's currently listed at $225,000. It has been on the market for a total of 264 days and was last sold on September 5, 2019. This listing's school district is Madison County School District. Nearby schools include Pope School, Northeast Middle School and North Side High School. 5351 Nika Drive is a 0-bed, 0-bath, 0.97 ac of land on a 42,253 sq. ft. / 0.97 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Hickman Realty Group Inc.-Jack

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.