Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Wooded Lot Near Douglas Lake Title is generated by Realmo AI

    Meadow Court lot 1031, Baneberry, TN 37890

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at Meadow Court lot 1031, Baneberry, TN
    For Sale
    Contact for pricing

    LAND - Baneberry, TN

    Type:Single Family Residence
    Lot size:
    0.41 Acres
    Added:
    May 18, 2026
    Days on Market:
    14
    Last Refresh:
    May 31 at 6:06 am

    Property Features for Meadow Court lot 1031

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    Residential
    Standard status
    Active
    APN
    001.00
    Lot size
    0.41 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    36

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Needed

    We can help!

    Listing Contact
    Eva Raines

    Listing agent Eva Raines License #350480

    Listing office Weichert, REALTORS - Tiger Real Estate 1220 Gay Street PO Box 103, DANDRIDGE, TN

    Listing date May 18, 2026

    MLS# 711590 Listing URL

    Copyright © 2026 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.

    HighLights

    • Wooded lot offering a private setting
    • Located in the established community of Baneberry
    • Nearby access to Douglas Lake
    • Water available
    • Potential for septic system
    • Lot 1031 Meadow Court

    Overview

    This wooded lot is situated within the established community of Baneberry. Located on Meadow Court, Lot 1031 offers a private setting with access to Douglas Lake and nearby area amenities. The property is 0.41 acres and zoned for residential use. Please note that there is currently no road access to the property and no signage on site. The property is located in Jefferson County, Tennessee.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Baneberry
    County
    Jefferson
    State
    Tennessee
    Longitude
    -83.278945
    Latitude
    36.042319

    Nearby Similar for Sale

    • $199,900

      Douglas Lakefront Land Opportunity

      Rare lakefront lot in Baneberry, Tennessee, with lake access.
      Kammann Cove, Baneberry, TN 37890
      View Details
    • $69,900

      Baneberry Land Near Douglas Lake

      0.63-acre lot near Douglas Lake, ideal for building a home.
      Mountain View Lane, Baneberry, TN 37890
      View Details
    • $34,900

      Baneberry, TN Lakefront Community Land

      Land in lakefront community with lake access and recreational opportunities.
      Back Nine Drive lot: 13, Baneberry, TN 37890
      View Details
    • $44,999

      Land Near Douglas Lake

      Residential land in Baneberry, TN, near Douglas Lake.
      Lake Vista Drive lot: 37, Baneberry, TN 37890
      View Details
    • $28,700

      Baneberry Vacant Lot Near Lake

      Desirable vacant lot in Baneberry near Douglas Lake.
      Cove lot: 1023, Baneberry, TN 37890
      View Details
    • $8,000

      Wooded Lot in Baneberry, TN

      Secluded 0.57-acre wooded lot perfect for a future home.
      N Center Ridge Place, Baneberry, TN 37890
      View Details
    • $15,000

      Vacant Land Near Douglas Lake

      Vacant 0.32 acre lot in Baneberry, Tennessee.
      Stoneway Court lot: 937, Baneberry, TN 37890
      View Details
    • $29,900

      Baneberry, TN Land Package Deal

      2.34 acres in Baneberry, TN, suitable for residential development.
      5 Lots Fortunato Drive, Baneberry, TN 37890
      View Details
    • $2,000,000

      Wooded Lakefront Land in Baneberry

      Six acres of restricted, wooded land near Douglas Lake.
      Devon Way Road, Baneberry, TN 37890
      View Details
    • $49,789

      Lakeview Lot in Baneberry, TN

      Lakeview lot with mountain vistas in Baneberry, Tennessee.
      St Andrews Road lot: 2516R, Baneberry, TN 37890
      View Details
    • $27,490

      Baneberry, TN Homesite Opportunity

      Scenic homesite in Baneberry, near Douglas Lake and golf course.
      Sunny Court, Baneberry, TN 37890
      View Details
    • $19,900

      Residential Lot in Baneberry, TN

      Wooded residential lot with convenient access to nearby cities.
      Lot 1215 Iron Gate Drive, Baneberry, TN 37890
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land in Baneberry, Tennessee, near Douglas Lake.
    Where is this residential land & home lot located?
    The property is located at Meadow Court lot 1031 Baneberry, TN.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Wooded lot offering a private setting; Located in the established community of Baneberry; Nearby access to Douglas Lake
    (423) 237-0107
    We can help!
    Listing Contact
    Eva Raines
    Real Estate License ID: 350480
    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

    Thank You for Inquiry
    Meadow Court lot: 1031, Baneberry, TN 37890
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!