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Mercer, TN Land for Sale

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Agricultural Land with Pole Barn
Updated: Aug 13, 2025
Agricultural Land with Pole Barn

Highway 138, Mercer, TN 38392

$250,000
25.00 AC lot
Approximately 25 acres of open, leveled land.
Electricity is available on the property.
Existing pole barn included for storage or agricultural use.
Versatile property suitable for a hobby farm or building a home.
Rare opportunity to own a large parcel of land.
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Two-Farm Row Crop Property
Updated: Sep 3, 2025
Two-Farm Row Crop Property

Highway 138, Mercer, TN 38392

$1,261,950
179.00 AC lot
179 total acres across two agricultural farms
Approximately 148 acres in row crop production
Approximately 1.2 miles of blacktop road frontage, stated as 6410+ Ft
Both farms are currently rented
Tracts lie along Hwy 138 near Cox Rd and Hatchie Station Rd
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Mercer, TN 5.18 Acre Land
Mercer, TN 5.18 Acre Land

138 Highway, Mercer, TN 38392

$59,500
5.18 AC lot

5.18 acre tract with frontage on Hwy 138.

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See hot listings in Mercer

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Hunting Land with Open Fields
Hunting Land with Open Fields

00 Estonallie Rd, Mercer, TN 38392

$170,660

Rural tract combining open ground, cut-over timber, and an established trail network for outdoor and agricultural uses.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Mercer, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Versatile Acreage with Scenic Views
Versatile Acreage with Scenic Views

1231 Union Mercer Road, Brownsville, TN 38012

$199,000
849,420 sqft 19.50 AC lot

19.5 acres of land suitable for building or recreation.

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19.5 Acres in Brownsville, TN
19.5 Acres in Brownsville, TN

1231 Union Mercer Road, Brownsville, TN 38012

$199,000
19.50 AC lot

Versatile land with pond, ideal for building or recreation.

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Land in Growing Denmark Community
Land in Growing Denmark Community

1793 BRITTON Ln, Denmark, TN 38391

$60,500
7.60 AC lot

7.6 acres in an up-and-coming area near historic site.

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Land / Land
Land / Land

1793 Britton Lane, Denmark, TN 38391

$60,500

Residential land & home lots

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Off-Market Properties in Mercer, TN

Consider similar Off-Market properties in Mercer, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Hwy 138
VACANT COMMERCIAL LAND

Hwy 138, Mercer, TN 38392

Estimated value:
$135,000
0.17 AC lot
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Mercer, TN Land Market Trends and Statistics

Explore 8 land for sale in Mercer, TN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,111,881 square feet of properties for sale, with an estimated market value of $1,742,110.

Sale prices for lots in Mercer, TN start at $59,500, averaging $435,527, and reaching up to $1,261,950 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Agricultural land / Farmland 3
Residential land & home lots 2
Hunting land 1
Recreation land 1

Demographics Overview

Population 736
Population Growth (5Y) +24.1%
Median Household Income $52,188
College Educated 21.6%

High-Yield Neighborhoods for Investment

Identify Mercer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
38392 $348.9K

Taxes & Financing

Tax Rate (average for all types) 1.87%
Property Tax per SF $46.88 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

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