Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Loudon County Farmland Opportunity Title is generated by Realmo AI

    15370 Watson Rd, Loudon, TN 37774

    View on Map
    Claim this Listing
    For Sale
    $950,000

    LAND - Loudon, TN

    Lot size:
    61.81 Acres
    Added:
    Apr 27, 2026
    Days on Market:
    40
    Last Refresh:
    Jun 5 at 12:06 pm

    Property Features for 15370 Watson Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    057 095.00
    Lot size
    61.81 Acres

    Taxes and HOA fees

    Tax Annual Amount
    445

    We can help!

    Listing Contact
    Zach Miller

    Listing agent Zach Miller

    Listing office ReMax Excels 200 Lakeside Plaza, Loudon, TN

    Listing date Apr 27, 2026

    MLS# 1338667 Listing URL

    Copyright © 2026 East Tennessee 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

    • Large 62‑acre tract of prime Loudon County farmland.
    • Utilities (electric, water, gas) available at the main road.
    • Enjoy the gated entrance and mountain views.
    • Abundance of wildlife (deer/turkey).
    • Greenbelt property.
    • Conveniently located: 40 minutes to Knoxville, 1 hour to Chattanooga.

    Overview

    This property offers approximately 62 acres of rolling farmland in Loudon County. The gated property is currently planted in corn, which will be harvested in the fall. Utilities including electric, water, and gas are available at the main road. A small primitive cabin with a diesel generator and septic tank is located on the property. The land features views of the mountains and an abundance of wildlife, including deer and turkey. This greenbelt property is located approximately 40 minutes from Knoxville, one hour from Chattanooga, three hours from Nashville and 45 minutes from the airport. The property is suitable for building a dream home and for recreational activities such as horseback riding.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Real Estate Agency Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Loudon
    County
    Loudon
    State
    Tennessee
    Longitude
    -84.314226
    Latitude
    35.691961

    Nearby Similar for Sale

    • $159,900

      Commercial Lot Near Tellico Village

      Commercial lot suitable for various businesses near Tellico Village.
      3224 Davis Ferry Rd, Loudon, TN 37774
      View Details
    • $369,000
      2,320 SF

      Loudon Mixed-Use Investment Opportunity

      Two-story building with retail space, apartments, and storage shed.
      725 Church St, Loudon, TN 37774
      View Details
    • $175,000

      Residential Land in Tennessee National

      Building site with golf course views in gated community.
      651 Eagle Pt Drive, Loudon, TN 37774
      View Details
    • $85,000

      Homesite with Sweeping Views

      Exceptional homesite with golf course, valley, and mountain views.
      2912 Persimmon Ridge, Loudon, TN 37774
      View Details
    • $340,000

      Loudon Waterfront Land for Sale

      Lakefront lot with Tennessee River access, near Knoxville.
      173 Cedar Grove St, Loudon, TN 37774
      View Details
    • $149,900

      Loudon, TN Golf Course Lot

      Luxury living in Tennessee National Golf Course community.
      2085 Old Dogwood Tr, Loudon, TN 37774
      View Details
    • $105,000

      Golf Course Lot Opportunity

      Build your dream home on a premier golf course lot.
      967 Black Cove Lane, Loudon, TN 37774
      View Details
    • $589,000

      Lakefront Lot in Tennessee National

      1.4 acre lakefront lot in a gated golf community.
      600 Firefly Drive, Loudon, TN 37774
      View Details
    • $325,000

      Lakeview Homesite in Loudon, TN

      Lakeview homesite perfect for custom home with walk-out basement.
      2327 Persimmon, Loudon, TN 37774
      View Details
    • $450,000

      Unrestricted Wooded Mountain Land

      30+ acres of unrestricted wooded mountain land in Loudon, Tennessee.
      150 Clear Branch Rd N, Loudon, TN 37774
      View Details
    • $333,900

      Loudon, TN Land For Sale

      Large estate tracts available near I-75, Lenoir City, and Knoxville.
      Pine Grove Providence Rd, Loudon, TN 37774
      View Details
    • $129,000

      Resort-Style Living Land in Loudon

      Corner lot in Tennessee National's gated lakeside community.
      419 Wildcat Run Drive, Loudon, TN 37774
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 62 acres of rolling farmland near Knoxville with utilities.
    Where is this agricultural land / farmland located?
    The property is located at 15370 Watson Rd Loudon, TN.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Large 62‑acre tract of prime Loudon County farmland.; Utilities (electric, water, gas) available at the main road.; Enjoy the gated entrance and mountain views.
    (865) 224-1396
    We can help!
    Listing Contact
    Zach Miller
    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
    15370 Watson Rd, Loudon, TN 37774
    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!