Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Bill W Road lot 7 Ten Mile, TN 37880

    View on Map
    Claim this Listing
    For Sale
    $44,900

    LAND - Ten Mile, TN

    Type:Single Family Residence
    Lot size:
    1.00 Acre
    Added:
    Feb 7, 2026
    Days on Market:
    77
    Last Refresh:
    Apr 25 at 12:06 am

    Property Features for Bill W Road lot 7

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    117o A 007.00
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Annual Amount
    79

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Cali Walden
    Cali Walden

    Listing agent Cali Walden License #322745

    Listing office East Tennessee Properties - Ten Mile 2599 State Highway 304, Ten Mile, TN

    Listing date Feb 7, 2026

    MLS# 20260626 Listing URL

    Copyright © 2026 River Counties 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

    Gently Sloping Corner Lot

    This is a gently sloping 1-acre corner lot. Minimal restrictions apply, and double-wide homes are welcome. The property has been surveyed and perk-tested for a 3-bedroom home, making it ready for construction. It is located minutes from Watts Bar Lake, 45 minutes from Knoxville, and 1 hour from Chattanooga. Spectrum Internet is available. Public water is available at the road, but the buyer will need to get a water tap.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Ten Mile
    County
    Meigs
    State
    Tennessee
    Longitude
    -84.6449
    Latitude
    35.6834

    Nearby Similar for Sale

    • $625,000

      Lakefront Property with Main Channel Views

      Spectacular lakefront property with breathtaking views and endless possibilities.
      1400 Indian Shadows Drive, Ten Mile, TN 37880
      View Details
    • $625,000

      Lakefront Land with Main Channel Views

      Spectacular lakefront property with breathtaking views and endless possibilities.
      1400 Indian Shadows Drive, Ten Mile, TN 37880
      View Details
    • $499,900

      Exceptional Land with Water Views

      33.97 acres with utilities, water views, and multiple homesites.
      Tract 7 Pleasant Hill Road, Ten Mile, TN 37880
      View Details
    • $149,900

      Ten Mile, TN Land Parcel

      10-acre wooded property with utilities and spring access.
      Tract 10 Pleasant Hill Road, Ten Mile, TN 37880
      View Details
    • $169,900

      Usable Land with Paved Access

      9+ acres with utilities, convenient to amenities and marinas.
      Tract 5 Pleasant Hill Rd, Ten Mile, TN 37880
      View Details
    • $150,000

      Waterfront Lot on Watts Bar

      Build-ready 0.56-acre waterfront lot with gentle slope.
      160 Cherokee Circle, Ten Mile, TN 37880
      View Details
    • $159,900

      Usable Land with Paved Access

      9+ acres with utilities, convenient to amenities and recreation.
      Tract 4 Pleasant Hill Road, Ten Mile, TN 37880
      View Details
    • $149,900

      Usable Land in Ten Mile

      9.2 acres of usable land with utilities and road frontage.
      Tract 3 Pleasant Hill Road, Ten Mile, TN 37880
      View Details
    • $89,000

      Unrestricted Land Near Watts Bar

      1.65-acre unrestricted parcel near Watts Bar Lake in Ten Mile.
      2777 River Rd, Ten Mile, TN 37880
      View Details
    • $180,000

      Ten Mile Waterfront Land

      Lakefront lot with panoramic views and deeded boat slip.
      Johnson Lane lot: 7, Ten Mile, TN 37880
      View Details
    • $180,000

      Waterfront Land with Lake Views

      Lakefront lot with panoramic views and deeded boat slip.
      Johnson Lane lot: 8, Ten Mile, TN 37880
      View Details
    • $324,900

      Waterfront Land on Watts Bar Lake

      0.77-acre waterfront property with private dock on Watts Bar Lake.
      115 Cozy Cove Way, Ten Mile, TN 37880
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - One-acre lot ready for building near Watts Bar Lake.
    Where is this residential land & home lot located?
    The property is located at Bill W Road lot 7 Ten Mile, 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: Ready to build: Surveyed and perk‑tested for a 3‑bedroom home.; Large 1‑acre corner lot with minimal restrictions; double‑wide homes allowed.; Convenient location: Minutes to Watts Bar Lake, 45 minutes to Knoxville, 1 hour to Chattanooga.
    (423) 506-9559
    We can help!
    Listing Contact
    Cali Walden
    Cali Walden
    Real Estate License ID: 322745
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!