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    Oak Place Cir Madisonville, TN 37354

    For Sale
    $215,000

    LAND - Madisonville, TN

    Lot size:
    1.57 Acres
    Days on Market:
    224
    Last Refresh:
    Dec 10 at 4:06 pm

    Property Features for Oak Place Cir

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    056M C 015.07
    Lot size
    1.57 Acres

    Keller Williams Realty (865) 694-5904 [email protected]

    Listing agent Nikki Heightchew (865) 742-2962

    Listing date May 1, 2025

    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 Land in Established Subdivision

    Located in the established Oak Place Villas subdivision, these 16 platted lots are available for purchase in Phase II. The lots are set up for condominiums, presenting potential for rental properties or building to sell. Situated minutes from Downtown Madisonville, the development offers a convenient location with a country feel. The seller has reserved and paid for 16 sewer taps, currently on hold at the utility company pending development, and has cleared all underbrush from the lots. The property, totaling 1.57 acres, will be sold as a whole and will not be subdivided; lots will not be sold separately. Potential renters or homeowners will find the serene surroundings appealing. Buyer is responsible for verifying all acreage, restrictions, utilities, and HOA bylaws.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Madisonville
    County
    Monroe
    State
    Tennessee
    Longitude
    -84.360809
    Latitude
    35.527079

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    FAQs

    What type of property is this?
    Residential land & home lot - 16 platted lots in Madisonville, TN, ready for development.
    Where is this residential land & home lot located?
    The property is located at Oak Place Cir Madisonville, TN.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: - 16 platted lots in established subdivision (Phase II of Oak Place Villas).; - Set up for condominiums: potential for rental properties or building to sell.; - Convenient location: minutes from downtown Madisonville.
    (865) 742-2962
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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

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    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
    Oak Place Cir Madisonville, TN 37354
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