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    05 Richardson Landing Rd Drummonds, TN 38023

    For Sale
    $65,000

    Land - Drummonds, TN

    Lot size:
    5.46 Acres
    Days on Market:
    78
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 05 Richardson Landing Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    FAR
    Lot size
    5.46 Acres

    Building Details

    Architectural style
    Other

    KELLER WILLIAMS® (901) 261-7900 [email protected]

    Listing agent Safari Love (901) 261-7900

    Listing date Sep 19, 2025

    MLS# 10200266 Listing URL

    Copyright © 2025 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land in Drummonds, Tennessee

    Located in Drummonds, Tennessee, this 5.46-acre property is zoned FAR—Forestry, Agricultural, and Residential. It is suitable for building a home, starting a small farm, or grazing horses. The land offers diverse landscaping potential and tranquil surroundings, making it ideal for a private retreat, equestrian space, or homestead.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Restaurant Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Drummonds
    County
    Tipton
    State
    Tennessee
    Longitude
    -89.910595
    Latitude
    35.463334

    Nearby Similar for Sale

    • $759,848

      Commercial Building with Large Shop

      4 acres with commercial building, shop, and office space.
      351 Wilkinsville Rd, Drummonds, TN 38023
      View Details

    FAQs

    What type of property is this?
    Land - 5.46 acres of land zoned for forestry, agriculture, and residential.
    Where is this land located?
    The property is located at 05 Richardson Landing Rd Drummonds, TN.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: - Zoned FAR offering diverse usage possibilities: build a home, farm, or graze horses.; - 5.46 acres of land providing ample space.; - Tranquil, rural setting ideal for a peaceful escape.
    (901) 261-7900
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    05 Richardson Landing Rd Drummonds, TN 38023
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