Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Rogersville Land with Mountain Views Title is generated by Realmo AI

    Tbd2 Chestnutt Town Road, Rogersville, TN 37857

    View on Map
    Claim this Listing
    For Sale
    $249,900

    LAND - Rogersville, TN

    Lot size:
    15.73 Acres
    Added:
    Jun 27, 2024
    Days on Market:
    699
    Last Refresh:
    May 26 at 10:06 pm

    Property Features for Tbd2 Chestnutt Town Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    125 016.00
    Lot size
    15.73 Acres

    We can help!

    Listing Contact
    Cynthia Jackson
    Cynthia Jackson

    Listing agent Cynthia Jackson License #243977

    Listing office Cynthia Bundren Jackson Realty 1111 E Main Street, TN

    Listing date Jun 27, 2024

    MLS# 9967834 Listing URL

    Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 15.73 acres of land with multiple building sites, perfect for a family compound.
    • Minutes from the river and just 5 minutes to amenities like Walmart, restaurants, doctors, and a hospital.
    • Located just outside city limits of Historic Rogersville, offering closeness to activities without city taxes.
    • Features open fields for grazing/gardening, hardwood woodland, and a spring‑fed pond.
    • Fiber optic internet available.
    • Enjoy mountain views and abundant wildlife (deer, wild turkey, exotic birds).

    Overview

    This 15.73-acre property, available for the first time in decades, is located on a peaceful road minutes from the river. The land offers multiple building sites, making it suitable for a family compound. It features open fields for grazing or gardening and many acres of hardwood woodland inhabited by deer, wild turkey, and other wildlife. Fiber optic internet is available. The property is situated in a country setting but is only 5 minutes from Walmart, restaurants, doctor's offices, and a hospital. Located just outside the city limits of Historic Rogersville, it provides proximity to activities without city taxes. Cherokee High School is less than 5 miles away. The property includes a spring-fed pond and mountain views. Note that there is a cemetery on the property. This is a section of a larger tract, and additional tracts can be purchased. Taxes will be determined upon sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Rogersville
    County
    Hawkins
    State
    Tennessee
    Longitude
    -83.029486
    Latitude
    36.372127

    Nearby Similar for Sale

    • $379,000
      6,386 SF

      Rogersville Commercial Property For Sale

      Versatile commercial property with multiple income-producing possibilities on 2.77 acres.
      5168 Highway 11w, Rogersville, TN 37857
      View Details
    • $350,000
      4,080 SF

      Versatile Commercial Building, Rogersville

      Commercial building with office, warehouse, and flexible finished space.
      362 Colonial Road, Rogersville, TN 37857
      View Details
    • $414,000
      7,620 SF

      Rogersville Commercial Building on Highway 66

      7,620 SF commercial building on 1.16 acres with high visibility.
      3825 S Highway 66, Rogersville, TN 37857
      View Details
    • $279,000
      2,600 SF

      Rogersville Storage Unit Facility

      Storage unit facility built in 2022 on approximately 2 acres.
      7421 Highway 11 W, Rogersville, TN 37857
      View Details
    • $325,000
      4,399 SF

      Highway 66 Commercial Investment Opportunity

      Unique property with multiple income-producing spaces on Highway 66.
      3415 Tennessee 66, Rogersville, TN 37857
      View Details
    • $1,999,900
      9,000 SF

      Downtown Rogersville Dual-Property Investment

      Two adjoining commercial properties in historic downtown Rogersville, Tennessee.
      114 & 116 E Main Street, Rogersville, TN 37857
      View Details
    • $435,000
      5,400 SF

      Main Street Commercial Building, Rogersville

      Commercial building on Main Street with high traffic and fiber internet.
      500 W Main Street, Rogersville, TN 37857
      View Details
    • $929,900
      1,510 SF

      Rogersville Land with Rolling Pastures

      101.8-acre property with pastures, ponds, and scenic views.
      Webster Valley Road, Rogersville, TN 37857
      View Details
    • $698,000
      3,032 SF

      Multi-Unit Investment Opportunity in Rogersville

      Versatile multi-unit property with apartments and a townhouse in Tennessee.
      100 N Church Street, Rogersville, TN 37857
      View Details
    • $349,999
      1,920 SF

      Rogersville Commercial Opportunity on Highway

      Commercial building with highway frontage suitable for various business ventures.
      2123 Highway 70n, Rogersville, TN 37857
      View Details
    • $169,180

      Historic Century Farm Land

      30.76+/- acre historic farm in Rogersville, Tennessee.
      Tract 2 Sandy Valley Rd, Rogersville, TN 37857
      View Details
    • $499,000
      5,400 SF

      Main Street Commercial Building

      Large commercial building in historic Rogersville with high traffic.
      500 Main Street, Rogersville, TN 37857
      View Details

    FAQs

    What type of property is this?
    Land - 15.73 acres with building sites, views, and fiber internet.
    Where is this land located?
    The property is located at Tbd2 Chestnutt Town Road Rogersville, TN.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: 15.73 acres of land with multiple building sites, **perfect for a family compound**.; Minutes from the river and just 5 minutes to amenities like Walmart, restaurants, doctors, and a hospital.; Located just outside city limits of Historic Rogersville, offering closeness to activities without city taxes.
    (423) 754-3502
    We can help!
    Listing Contact
    Cynthia Jackson
    Cynthia Jackson
    Real Estate License ID: 243977
    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
    Tbd2 Chestnutt Town Road, Rogersville, TN 37857
    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!