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    Highway 138 Mercer, TN 38392

    For Sale
    $299,900

    LAND - Mercer, TN

    Lot size:
    25.00 Acres
    Days on Market:
    68
    Last Refresh:
    Dec 8 at 6:06 am

    Property Features for Highway 138

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    135 005.00
    Lot size
    25.00 Acres

    Utilities

    Utilities
    Electricity Available

    Town and Country Realtors (731) 668-7000

    Listing agent Kristen Londe (731) 431-2799 License #329613

    Listing date Oct 2, 2025

    MLS# 2503831 Listing URL

    Copyright © 2025 Central West Tennessee 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

    25 Acres of Versatile Land

    This property features approximately 25 acres of open, leveled land, presenting a versatile opportunity for prospective owners. Electricity is available on the site, and an existing pole barn is included, suitable for storage or agricultural use. The land is ideal for a hobby farm or for designing and building a home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Mercer
    County
    Madison
    State
    Tennessee
    Longitude
    -89.051761
    Latitude
    35.51375

    FAQs

    What type of property is this?
    Farm - 25 acres of leveled land with electricity and pole barn.
    Where is this farm located?
    The property is located at Highway 138 Mercer, TN.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Approximately 25 acres of open, leveled land.; - Electricity is available on the property.; - Existing pole barn included for storage or agricultural use.
    (731) 431-2799
    Request Owner's contact information
    Highway 138 Mercer, TN 38392
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    Mercer, TN 38392
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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
    Highway 138 Mercer, TN 38392
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