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    876 College St Spencer, TN 38585

    For Sale
    $124,998

    LAND - Spencer, TN

    Lot size:
    1.30 Acres
    Days on Market:
    91
    Last Refresh:
    Dec 10 at 3:06 pm

    Property Features for 876 College St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    053.00
    Lot size
    1.30 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Water source
    Public
    Water front features
    Waterfront

    Elevate Real Estate (931) 261-8748 [email protected]

    Listing agent Elijah Castelli (931) 283-2312

    Listing date Sep 11, 2025

    Copyright © 2025 Upper Cumberland 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

    Versatile Land in Spencer, TN

    This 1.3-acre tract presents a development opportunity for investors and builders. The property is situated in a high-traffic location with utilities available at the road. It is located a short drive from downtown Spencer, about an hour from Chattanooga or Cookeville, and approximately 1.5 hours from Nashville International Airport. Fall Creek Falls State Park is about 30 minutes away. The property is zoned commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Gym & Fitness Pharmacy Department Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Van Buren
    State
    Tennessee
    Longitude
    -85.4563722
    Latitude
    35.7420923

    Nearby Similar for Sale

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    • $179,000
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      Mixed-Use Space on Highway 111

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    FAQs

    What type of property is this?
    Commercial land - 1.3-acre commercial land in high-traffic location, utilities available.
    Where is this commercial land located?
    The property is located at 876 College St Spencer, TN.
    What is the asking price?
    The asking price for this property is $124,998.
    What are key features of this property?
    This property features: - 1.3-acre tract suitable for residential or commercial development.; - High-traffic location ideal for business ventures.; - Utilities (water and sewer) available at the road for easy hookup.
    (931) 283-2312
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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
    876 College St Spencer, TN 38585
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