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    214 Arthur Byrd Rd Pocahontas, TN 38061

    Sponsored
    For Sale
    $899,000

    LAND - Pocahontas, TN

    Lot size:
    411.93 Acres
    Days on Market:
    31
    Last Refresh:
    Jan 29 at 3:06 am

    Property Features for 214 Arthur Byrd Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Heavily Wooded
    APN
    103 018.00 and 103 019.00
    Lot size
    411.93 Acres

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Jacob Shelton

    Buy Dirt Auctions & Realty (931) 703-6081

    Listing agent Jacob Shelton (731) 267-9803 License #378982

    Listing date Dec 30, 2025

    MLS# 2503965 Listing URL

    Copyright © 2025 Central West Tennessee 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.

    Learn more

    Overview

    411 Acre Hunting & Recreational Farm

    This premier property, located on Arthur Byrd Road in McNairy County, Tennessee, offers outstanding hunting, recreation, and investment potential across approximately 411 acres. The turnkey hunting farm features over six shooting houses and a strong population of trophy deer and wild turkey. Comfortable on-site living accommodations are provided by a hunting cabin, ideal for weekend retreats or longer stays. The diverse land mix includes large stands of mature timber combined with open pastures suitable for food plots, grazing, or future development. An established ATV trail system provides easy access throughout the property. Multiple ponds stocked with fish offer additional recreational opportunities. This property is comprised of two tracts combined into one listing; the seller is open to separating the tracts and selling only one.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Pocahontas
    County
    Hardeman
    State
    Tennessee
    Longitude
    -88.75819
    Latitude
    35.130597

    FAQs

    What type of property is this?
    Farm - Premier hunting and recreational farm in McNairy County, Tennessee.
    Where is this farm located?
    The property is located at 214 Arthur Byrd Rd Pocahontas, TN.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Turnkey Hunting Farm: Equipped with shooting houses and a strong population of trophy deer and wild turkey.; - 411 Acres of Diverse Land: Includes mature timber, open pastures, and established ATV trails.; - Hunting Cabin: Comfortable on-site living accommodations.
    (731) 267-9803
    Request Owner's contact information
    214 Arthur Byrd Rd Pocahontas, TN 38061
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    Pocahontas, TN 38061
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    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
    214 Arthur Byrd Rd Pocahontas, TN 38061
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    We can help!
    Listing Contact
    Jacob Shelton
    Real Estate License ID: 378982
    (731) 267-9803
    Learn more
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