Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    1163 County Road 461 Englewood, TN 37329

    View on Map
    Claim this Listing
    For Sale
    $69,900

    LAND - Englewood, TN

    Type:Single Family Residence
    Lot size:
    1.08 Acres
    Added:
    Sep 16, 2025
    Days on Market:
    234
    Last Refresh:
    May 7 at 8:06 pm

    Property Features for 1163 County Road 461

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    069 014.00
    Lot size
    1.08 Acres

    Taxes and HOA fees

    Tax Annual Amount
    100

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Tank
    Water source
    Public

    We can help!

    Listing Contact
    Tim Yates

    Listing agent Tim Yates License #344005

    Listing office Keller Williams - Athens 1607 S Congress Parkway, Athens, TN

    Listing date Sep 16, 2025

    MLS# 20254396 Listing URL

    Copyright © 2026 River Counties 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.

    HighLights

    • Level, cleared building lot ready for construction or manufactured home.
    • City water and electricity available at the street.
    • Convenient location between Knoxville and Chattanooga.
    • Only 15 minutes from both Madisonville and Athens.
    • Beautiful country setting.
    • Public water source available.

    Overview

    Englewood, TN Level Building Lot

    This is a level 1.08 acre building lot that has been cleared and is ready for construction. City water and electricity are available at the street. The property is suitable for building or for placing a double wide home on a permanent foundation. It is situated in a country setting, minutes from Highway 411, between Knoxville and Chattanooga. The location is approximately 15 minutes from both Madisonville and Athens.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Englewood
    County
    McMinn
    State
    Tennessee
    Longitude
    -84.44161
    Latitude
    35.428181

    Nearby Similar for Sale

    • $350,000
      3,040 SF

      Remodeled Multi-Use Warehouse Opportunity

      Remodeled 3040 sq ft warehouse suitable for various commercial ventures.
      105 E Main Street, Englewood, TN 37329
      View Details
    • $169,900

      Englewood Land with Commercial Potential

      Versatile East Tennessee property with barn, pond, and road frontage.
      County Road 429, Englewood, TN 37329
      View Details
    • $350,000

      Secluded Lush Green Grassland

      Secluded 16-acre property with creek and potential home sites.
      277 County Road 408, Englewood, TN 37329
      View Details
    • Contact for pricing
      9,014 SF

      Englewood Commercial Property on Highway

      9,014 SF commercial property on 1.13 acres in Englewood, TN.
      3190 Highway 411 N, Englewood, TN 37329
      View Details
    • $525,000

      Englewood TN Land with Access

      Secluded 57+ acre mountain property bordering Cherokee National Forest.
      1328 Highway 310, Englewood, TN 37329
      View Details
    • $415,000

      Englewood, TN Land Opportunity

      20.84 acres of land with building potential.
      144 County Road 516, Englewood, TN 37329
      View Details
    • $45,000

      Commercial Land on US Hwy 411

      Commercial land available on US Hwy 411 in Englewood, TN.
      452 S Amhurst Place, Englewood, TN 37329
      View Details
    • $45,000

      Commercial Land on US Hwy 411

      Commercial land available on US Hwy 411 in Englewood, TN.
      464 S Amhurst Place, Englewood, TN 37329
      View Details
    • $449,999

      Englewood Land with Yurt

      81.2 acres with yurt, creek, and mountain views.
      809 State Highway 310, Englewood, TN 37329
      View Details
    • $976,500

      Englewood, TN Usable Farmland

      139 acres of usable land perfect for farming.
      Highway 39E, Englewood, TN 37329
      View Details
    • $64,900

      Englewood, TN Level Building Lot

      Cleared, level 1.01 acre building lot ready for development.
      County Road 461 lot: 3R, Englewood, TN 37329
      View Details
    • $64,900

      Englewood, TN Cleared Building Lot

      Cleared, level 1.22 acre lot with water meter installed.
      1095 County Road 461, Englewood, TN 37329
      View Details

    FAQs

    What type of property is this?
    Land - Cleared, level 1.08 acre building lot ready for development.
    Where is this land located?
    The property is located at 1163 County Road 461 Englewood, TN.
    What is the asking price?
    The asking price for this property is $69,900.
    What are key features of this property?
    This property features: Level, cleared building lot ready for construction or manufactured home.; City water and electricity available at the street.; Convenient location between Knoxville and Chattanooga.
    (423) 649-0090
    We can help!
    Listing Contact
    Tim Yates
    Real Estate License ID: 344005
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1163 County Road 461, Englewood, TN 37329
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!