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    Peaceful Ln Spencer, TN 38585

    For Sale
    $39,900

    LAND - Spencer, TN

    Lot size:
    1.74 Acres
    Days on Market:
    327
    Last Refresh:
    Dec 8 at 2:06 pm

    Property Features for Peaceful Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1
    APN
    023 087.00
    Lot size
    1.74 Acres

    Utilities

    Utilities
    Cable Available

    Keller Williams Greater Downtown Realty dba Charlotte Mabry Team (423) 503-0661 [email protected]

    Listing agent Jessica Carrasquillo Fields (423) 593-5588 License #331302

    Listing date Jan 16, 2025

    Copyright © 2025 Greater Chattanooga 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

    Land in Spencer, Tennessee

    This 1.74-acre lot is located in Spencer, Tennessee, offering a tranquil setting near Fall Creek Falls and the Cumberland Caverns. Zoned R-1, the property is suitable for building a residence. Public water and electric are available. The property could potentially be used as a vacation rental for additional income. There is no HOA. An adjacent lot is also available for purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Spencer
    County
    Van Buren
    State
    Tennessee
    Longitude
    -85.437321
    Latitude
    35.7649

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    FAQs

    What type of property is this?
    Land - 1.74 acre lot near Fall Creek Falls and Cumberland Caverns.
    Where is this land located?
    The property is located at Peaceful Ln Spencer, TN.
    What is the asking price?
    The asking price for this property is $39,900.
    What are key features of this property?
    This property features: - Close proximity to Fall Creek Falls and The Cumberland Caverns.; - Opportunity for vacation rental income.; - Public water and electric available.
    (423) 593-5588
    Request Owner's contact information
    Peaceful Ln Spencer, TN 38585
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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
    Peaceful Ln Spencer, TN 38585
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