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    Thompson Rd Madisonville, TN 37354

    Pending
    For Sale
    $155,000

    LAND - Madisonville, TN

    Lot size:
    5.38 Acres
    Days on Market:
    8
    Last Refresh:
    Dec 10 at 3:06 am

    Property Features for Thompson Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    055 038.06
    Lot size
    5.38 Acres

    Utilities

    Utilities
    Cable Available

    Norman Lee Real Estate Brokers & Auctioneer (423) 442-3945 [email protected]

    Listing agent Joshua Watson (423) 519-7934

    Listing date Dec 3, 2025

    MLS# 1310515 Listing URL

    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

    Unrestricted Land in Madisonville, TN

    This 5.38-acre tract of unrestricted land is located in a peaceful country setting. The property is fully cleared and covered in grass. Utilities are available, including city water access and electricity on site. A completed soil map is available for septic approval. The property includes a 14x40 workshop with power. It is located less than an hour from Knoxville and 20 minutes from Tellico Lake, the Tellico River, and Cherokee National Forest. The property is suitable for a home, mini farm, or investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Madisonville
    County
    Monroe
    State
    Tennessee
    Longitude
    -84.413979
    Latitude
    35.526626

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    FAQs

    What type of property is this?
    Land - 5.38 acres of unrestricted land ready for development.
    Where is this land located?
    The property is located at Thompson Rd Madisonville, TN.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: - 5.38 UNRESTRICTED acres offering flexibility for various uses.; - Utilities already in place: city water access and electric on site.; - Completed soil map for septic approval simplifies building process.
    (423) 519-7934
    Request Owner's contact information
    Thompson Rd Madisonville, TN 37354
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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
    Thompson Rd Madisonville, TN 37354
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