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    lot 1 & 2 Hen Valley Rd Oliver Springs, TN 37840

    For Sale
    $44,900

    LAND - Oliver Springs, TN

    Lot size:
    0.51 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 10 at 2:06 am

    Property Features for lot 1 & 2 Hen Valley Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    001F A 015.00
    Lot size
    0.51 Acres

    The Carter Group Brokered By: eXp Realty (865) 803-7846 [email protected]

    Listing agent Rebecca Carter (865) 803-7846

    Listing date Nov 11, 2025

    MLS# 1304984 Listing URL

    Copyright © 2025 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

    Residential Lots Near Windrock Park

    Two residential lots in Oliver Springs are being sold together, presenting a building opportunity. Doublewide manufactured homes are permitted with a permanent foundation. Located near Windrock Offroad Park, the property may be suitable for short-term rentals. The lots are also a short drive from Oak Ridge. Lot 1 has road frontage on Highway 61/Tri County Boulevard and an easement to Hen Valley Road. Lot 2 features road frontage on both Highway 61/Tri County Boulevard and direct road frontage to Hen Valley Road. Public sewer is available on both roads, facilitating utility access. Zoned R-2, the property allows for 1-4 family dwellings per lot, including single-family homes, duplexes, triplexes, and fourplexes. The combined lot size is 0.51 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Auto Repair Shop Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oliver Springs
    County
    Roane
    State
    Tennessee
    Longitude
    -84.359397
    Latitude
    36.040227

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    FAQs

    What type of property is this?
    Residential land & home lot - Two residential lots suitable for building or short-term rentals.
    Where is this residential land & home lot located?
    The property is located at lot 1 & 2 Hen Valley Rd Oliver Springs, TN.
    What is the asking price?
    The asking price for this property is $44,900.
    What are key features of this property?
    This property features: - Two residential lots being sold together, increasing development potential.; - Zoned R-2, allowing for 1-4 family dwellings per lot (single family, duplex, triplex, fourplex).; - Located minutes from Windrock Offroad Park, making short-term rentals a possibility.
    (865) 803-7846
    Request Owner's contact information
    lot 1 & 2 Hen Valley Rd Oliver Springs, TN 37840
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    Oliver Springs, TN 37840
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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
    lot 1 & 2 Hen Valley Rd Oliver Springs, TN 37840
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