Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    222 Polo Drive Blountville, TN 37617

    View on Map
    Claim this Listing
    For Sale
    $31,900

    LAND - Blountville, TN

    Lot size:
    0.75 Acres
    Added:
    Jul 19, 2022
    Days on Market:
    1386
    Last Refresh:
    May 4 at 4:06 pm

    Property Features for 222 Polo Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R1
    Standard status
    Active
    APN
    065c B 004.00
    Lot size
    0.75 Acres

    Taxes and HOA fees

    Tax Annual Amount
    182

    Utilities

    Sewer type
    Septic Tank
    Water source
    Public

    We can help!

    Listing Contact
    Mia Richards

    Listing agent Mia Richards

    Listing office Apple Realty & Auction 1699 Blountville Blvd, TN

    Listing date Jul 19, 2022

    MLS# 9940967 Listing URL

    Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Polo Estates

    This 0.75-acre wooded lot is located in Polo Estates in Blountville, Tennessee. Zoned R1, the property is suitable for building a home. The location offers convenient access to Interstate 81 and is minutes away from the Pinnacle Shopping Centre, Tri Cities Airport, and the upcoming Hard Rock Cafe Casino Resort. A notable feature is the absence of city taxes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Blountville
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.338962
    Latitude
    36.534384

    Nearby Similar for Sale

    • $299,000
      2,227 SF

      Former Bank Building on Highway

      Versatile commercial property in high-traffic location with dual road access.
      3269 Highway 126, Blountville, TN 37617
      View Details
    • $165,000
      1,320 SF

      Blountville Commercial Opportunity For Sale

      Versatile commercial building in Blountville, TN, with flexible layout.
      116 Massengill Avenue, Blountville, TN 37617
      View Details
    • $699,700

      Blountville Lake Lot Opportunity

      Rare 3-acre lake lot with two private docks.
      290 Candy Creek Private Drive, Blountville, TN 37617
      View Details
    • $179,900

      Lakefront Lot in Grande Harbor

      0.6 acre lakefront lot with direct lake access.
      156 N Forest Lane, Blountville, TN 37617
      View Details
    • $89,500

      Lake Access Residential Land

      0.61-acre lot in Grande Harbor community with lake access.
      109 Lookout Court, Blountville, TN 37617
      View Details
    • $236,977

      Blountville Acreage Near Fort Henry

      9.03 acres near Fort Patrick Henry Lake and amenities.
      660 Gottland Shoals Road, Blountville, TN 37617
      View Details
    • $60,000

      Blountville Land with Outbuilding

      Two lots totaling 0.66 acres in convenient Blountville location.
      Pamela Court, Blountville, TN 37617
      View Details
    • $147,000

      Residential Lot with Views

      3.96 acre lot ready for building with views.
      345 Greentree Drive, Blountville, TN 37617
      View Details
    • $294,987

      Blountville Land Near Airport

      15.42 acre Blountville land with M-1 zoning.
      N Highway 75, Blountville, TN 37617
      View Details
    • $2,200,000
      5,872 SF

      Unique Appalachian Caverns Property

      9.36-acre property featuring caverns, campground, and apartments.
      420 Cave Hill Rd, Blountville, TN 37617
      View Details
    • $32,500

      Residential Land in Blountville, TN

      Level lot suitable for custom home or long-term investment.
      935 Masengill Road, Blountville, TN 37617
      View Details
    • $204,000

      17-Acre Commercial Land Parcel

      17-acre commercial land parcel for sale in Blountville, Tennessee.
      Buncombe Road, Blountville, TN 37617
      View Details

    FAQs

    What type of property is this?
    Land - Wooded lot for dream home, convenient location, no city taxes.
    Where is this land located?
    The property is located at 222 Polo Drive Blountville, TN.
    What is the asking price?
    The asking price for this property is $31,900.
    What are key features of this property?
    This property features: No city taxes, enjoy potential savings!; Wooded lot in Polo Estates offering a serene environment.; Convenient to Interstate 81 for easy commuting.
    (423) 968-7653
    We can help!
    Listing Contact
    Mia Richards
    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
    222 Polo Drive, Blountville, TN 37617
    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!