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    111 4.5 Ac Hwy Spencer, TN 38585

    For Sale
    $424,998

    LAND - Spencer, TN

    Lot size:
    4.56 Acres
    Days on Market:
    89
    Last Refresh:
    Dec 8 at 1:06 pm

    Property Features for 111 4.5 Ac Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res
    APN
    090.01/127.00
    Lot size
    4.56 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public
    Water front features
    Waterfront

    Elevate Real Estate (931) 261-8748 [email protected]

    Listing agent Elijah Castelli (931) 283-2312

    Listing date Sep 11, 2025

    Copyright © 2025 Upper Cumberland 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

    Development Land in Spencer, Tennessee

    This property presents a development opportunity, previously planned as part of Spencer Mountain Village. The tract spans approximately 4.5 acres across two parcels, offering a setting for building a home or exploring development possibilities. Utilities are available at the road. The location provides a short drive to downtown Spencer, approximately one hour to Chattanooga or Cookeville, and about 1.5 hours to Nashville International Airport. Fall Creek Falls State Park is less than 30 minutes away, offering hiking and recreation.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Spencer
    County
    Van Buren
    State
    Tennessee
    Longitude
    -85.4586463
    Latitude
    35.738989

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    FAQs

    What type of property is this?
    Land - 4.5 acres of land ready for development near Fall Creek Falls.
    Where is this land located?
    The property is located at 111 4.5 Ac Hwy Spencer, TN.
    What is the asking price?
    The asking price for this property is $424,998.
    What are key features of this property?
    This property features: - Waterfront property on 4.5 acres across two parcels, ideal for building a dream home or development.; - Utilities (water and sewer) are conveniently available at the road.; - Excellent location: short drive to downtown Spencer.
    (931) 283-2312
    Request Owner's contact information
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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
    111 4.5 Ac Hwy Spencer, TN 38585
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