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    111 Greenfields Road/Hwy Spencer, TN 38585

    For Sale
    $1,200,000

    LAND - Spencer, TN

    Lot size:
    528.92 Acres
    Days on Market:
    194
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 111 Greenfields Road/Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    084 088.01
    Lot size
    528.92 Acres

    Utilities

    Sewer type
    Septic Needed
    Water front
    1

    RE/MAX Finest (931) 484-4003

    Listing agent Melissa Harmon (931) 256-5364

    Listing date May 27, 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

    528 Acres of Natural Beauty

    This 528.92-acre property offers natural beauty with frontage on Rocky River and Green Sea Branch, providing year-round water access. The land is under a conservation easement, resulting in annual taxes below $1,500. The property is a wildlife haven with the potential to be divided into four parcels, each suitable for a homesite. It features easy access from Hwy 111 and over 4,000 feet of road frontage on Greenfields Road, making subdivision feasible. Located in Spencer, TN, the property is minutes from Fall Creek Falls State Park and a Mennonite community with over 15 local shops. No public utilities are available. The property is located on Greenfields Road/Hwy 111 in Spencer, TN 38585.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Spencer
    County
    Van Buren
    State
    Tennessee
    Longitude
    -85.4712893
    Latitude
    35.58689

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    FAQs

    What type of property is this?
    Agricultural land - Land with Rocky River frontage near Fall Creek Falls State Park.
    Where is this agricultural land located?
    The property is located at 111 Greenfields Road/Hwy Spencer, TN.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - 528 acres with Rocky River and Green Sea Branch frontage provides year-round water access.; - Conservation easement ensures low property taxes (below $1,500 per year).; - Subdivision potential: Rights to split acreage into 4 parcels, each with a homesite.
    (931) 256-5364
    Request Owner's contact information
    111 Greenfields Road/Hwy Spencer, TN 38585
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    Spencer, TN 38585
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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 Greenfields Road/Hwy Spencer, TN 38585
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