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    5085 Old Kentucky Rd Morristown, TN 37814

    For Sale
    $1,300,000

    Agriculture - Morristown, TN

    Type:Agriculture
    Lot size:
    78.90 Acres
    Days on Market:
    98
    Last Refresh:
    Dec 14 at 12:06 pm

    Property Features for 5085 Old Kentucky Rd

    General Information

    Property type
    Land
    Property subtype
    Agriculture
    Standard status
    Active
    Lot size
    78.90 Acres

    Building Details

    Architectural style
    Other

    Crye-Leike Lakeway West (423) 586-4115

    Listing agent Lisa Brown (423) 586-4115 License #319845

    Listing date Sep 8, 2025

    MLS# 708320 Listing URL

    Copyright © 2025 Lakeway Area 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.

    Overview

    78+ Acres Prime Unrestricted Land

    This 78+ acre tract of vacant land is located off Old Kentucky Rd and offers possibilities for developers and investors. The property has three separate access points, providing flexibility for future subdivision or development. The majority of the land is rolling pasture, suitable for building, farming, or a combination of both. Public water is available. The terrain includes elevated view points with scenic mountain vistas, suitable for luxury homes or estate lots. This unrestricted property offers the freedom and space to create a residential development, private estate, agricultural operation, or a mix of uses. The property is conveniently located with easy access to surrounding amenities. It is located in Morristown, TN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Storage Facility Discount Store Car Rental Pawn Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.223435
    Latitude
    36.252476

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    FAQs

    What type of property is this?
    Agricultural land - 78+ acres of unrestricted land, ideal for development or farming.
    Where is this agricultural land located?
    The property is located at 5085 Old Kentucky Rd Morristown, TN.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - 78+ Acres of Unrestricted Land: Offers immense flexibility.; - Multiple Access Points: Enhances development potential.; - Rolling Pasture Land: Ideal for building or farming.
    (423) 586-4115
    Request Owner's contact information
    5085 Old Kentucky Rd Morristown, TN 37814
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    Morristown, TN 37814
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    Realmo Value Estimation

    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.

    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.

    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
    5085 Old Kentucky Rd Morristown, TN 37814
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