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

    W Of Reece Hill Road Hampton, TN 37658

    View on Map
    Claim this Listing
    For Sale
    $299,000

    LAND - Hampton, TN

    Lot size:
    18.00 Acres
    Added:
    Aug 23, 2024
    Days on Market:
    605
    Last Refresh:
    Apr 19 at 2:06 am

    Property Features for W Of Reece Hill Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    farm
    Standard status
    Active
    APN
    083 016.01
    Lot size
    18.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    199

    We can help!

    Listing Contact
    Tonya Houghton

    Listing agent Tonya Houghton License #362436

    Listing office Lantern Real Estate 416 E Elk Ave, Elizabethton, TN

    Listing date Aug 23, 2024

    MLS# 9970280 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

    Hampton, TN Wooded Land

    This 18-acre wooded property is located in Hampton, Tennessee. Zoned for farm use, it offers privacy and natural surroundings. The land presents opportunities for those seeking a secluded environment with future development potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Hampton
    County
    Carter
    State
    Tennessee
    Longitude
    -82.1926
    Latitude
    36.2397

    Nearby Similar for Sale

    • $2,200,000
      20,700 SF

      Versatile Commercial Facility in Hampton

      20,700 SF commercial facility on 1.3 acres near Johnson City.
      118 First Avenue, Hampton, TN 37658
      View Details
    • $650,000
      7,640 SF

      Warehouse and Home on Highway

      Warehouse and home on 2.4 acres with highway frontage.
      5560 Highway 19-E, Hampton, TN 37658
      View Details
    • $199,000
      2,296 SF

      Income-Producing Hampton Duplex For Sale

      Two residences on 0.34 acres, generating $19,800 annual income.
      1104 Rittertown Road, Hampton, TN 37658
      View Details
    • $238,000

      East Tennessee Mountain Recreational Land

      Exceptional wooded tract near Watauga Lake and Cherokee National Forest.
      John Glover Road, Hampton, TN 37658
      View Details
    • $37,500

      Cleared Lot Near Watauga Lake

      Unrestricted Hampton lot near Watauga Lake and Appalachian Trail.
      Highway 321, Hampton, TN 37658
      View Details
    • $509,200

      Hampton, TN Wooded Land

      13.4-acre wooded tract with lake views near Elizabethton.
      1570 U.S. 321, Hampton, TN 37658
      View Details
    • $85,000

      9.68 Acres of Wooded Land

      9.68 acre wooded land with building sites in Hampton, TN.
      719 Simerly Creek Road, Hampton, TN 37658
      View Details
    • $124,000

      Versatile Mountain Land in Hampton, TN

      11.45-acre surveyed tract with strong access and desirable topography.
      11/Ac TBD State Hwy 37 (Hwy 19E), Hampton, TN 37658
      View Details
    • $125,000
      1,100 SF

      Historic Trout Farm Opportunity

      Unique property with high visibility and boundless potential.
      118 Highway 321, Hampton, TN 37658
      View Details
    • $124,000

      Versatile Mountain Land For Sale

      11.45 acre surveyed tract with highway frontage in Hampton, TN.
      11/Ac State Highway 37 (Hwy 19e), Hampton, TN 37658
      View Details
    • $1,000,000
      6,000 SF

      Machining Business, Warehouse, and Home

      Profitable machining business with warehouse and home on three parcels.
      5560 Highway 19-E, Hampton, TN 37658
      View Details
    • $125,000

      Secluded Wooded Tract Borders Forest

      25.9-acre wooded tract bordering Cherokee National Forest.
      Kaitlyn Road, Hampton, TN 37658
      View Details

    FAQs

    What type of property is this?
    Land - 18-acre wooded property offering privacy, nature, and future potential.
    Where is this land located?
    The property is located at W Of Reece Hill Road Hampton, TN.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: 18‑acre wooded property offering significant space and privacy.; Ideal for nature lovers seeking a tranquil environment in a beautiful natural setting.; Presents an opportunity for future development or investment.
    (423) 213-6961
    We can help!
    Listing Contact
    Tonya Houghton
    Real Estate License ID: 362436
    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!