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

    231 Thrushwood Drive Fairfield Glade, TN 38558

    View on Map
    For Sale
    Contact for pricing

    LAND - Fairfield Glade, TN

    Lot size:
    0.30 Acres
    Added:
    Jan 29, 2026
    Days on Market:
    63
    Last Refresh:
    Apr 2 at 5:06 pm

    Property Features for 231 Thrushwood Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    090M D 015.00
    Lot size
    0.30 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    45

    Utilities

    Utilities
    Cable Available

    We can help!

    Listing Contact
    Sarah Doran
    Sarah Doran

    Listing agent Sarah Doran

    Listing office Glade Realty 7012 Peavine Rd., Fairfield Glade, TN

    Listing date Jan 29, 2026

    MLS# 1327919

    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.

    Overview

    Fairfield Glade Land Parcel

    This level 0.30-acre parcel in Fairfield Glade, TN, offers potential as a building site. The mostly flat terrain facilitates construction. Utilities, including natural gas, water, and electricity, are available at the road. The property is located in Cumberland County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Gym & Fitness Center Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield Glade
    County
    Cumberland
    State
    Tennessee
    Longitude
    -84.872809
    Latitude
    35.971441

    Nearby Similar for Sale

    • $45,000

      Fairfield Glade Lake View Lot

      0.51-acre lot with seasonal lake views and available utilities.
      36 Milnor Terrace, Fairfield Glade, TN 38558
      View Details
    • $12,000

      Fairfield Glade Buildable Lot

      Level lot with utilities in Fairfield Glade resort community.
      26 Harley Circle, Fairfield Glade, TN 38558
      View Details
    • $45,000

      Golf Course Homesite in Fairfield Glade

      0.54-acre lot on Heatherhurst's The Brae golf course.
      Valarian Drive, Fairfield Glade, TN 38558
      View Details
    • $6,000

      Fairfield Glade Buildable Lot

      Buildable lot with utilities, access to amenities and activities.
      125 Valarian Drive, Fairfield Glade, TN 38558
      View Details
    • $57,000

      Lake Access Residential Lot

      Residential lot with direct lake access and available utilities.
      26 Camden Court, Fairfield Glade, TN 38558
      View Details
    • $9,900

      Fairfield Glade Buildable Lot

      Buildable lot overlooking Druid Hills Golf Course.
      118 Baltusrol Rd, Fairfield Glade, TN 38558
      View Details
    • $3,000

      Fairfield Glade Land For Sale

      Flat lot near Lake St George with utilities available.
      112 Norcross Rd, Fairfield Glade, TN 38558
      View Details
    • $15,000

      Fairfield Glade Wooded Homesite

      Wooded homesite in Fairfield Glade with mature trees.
      119 Mariners Dr, Fairfield Glade, TN 38558
      View Details
    • $16,000

      Fairfield Glade Buildable Lot

      Buildable lot near Lake Dartmoor in Fairfield Glade, TN.
      30 Clason Point, Fairfield Glade, TN 38558
      View Details
    • $49,000

      Fairfield Glade Land with Views

      Land with lake views and utilities ready for dream home.
      16 Heiskell, Fairfield Glade, TN 38558
      View Details
    • $7,900

      Fairfield Glade Land Opportunity

      Residential lot in amenity-rich Fairfield Glade community.
      374 Rotherham Dr, Fairfield Glade, TN 38558
      View Details
    • $99,500

      Fairfield Glade Dream Home Lot

      2.68 acre lot in Fairfield Glade resort community.
      50 Kingsbridge Lane, Fairfield Glade, TN 38558
      View Details

    FAQs

    What type of property is this?
    Commercial land - Level 0.30-acre parcel with utilities available in Fairfield Glade, TN.
    Where is this commercial land located?
    The property is located at 231 Thrushwood Drive Fairfield Glade, TN.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Level .30‑acre parcel with **excellent building site**.; Utilities available at the road: natural gas, water, and electricity.; **Natural gas availability is a rare feature**.
    (931) 980-1422
    We can help!
    Listing Contact
    Sarah Doran
    Sarah Doran
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!