Sign Up Successful!
You now have access to more from Realmo!
    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

    Tn-125 Henderson, TN 38340

    Sponsored
    For Sale
    $44,900

    LAND - Henderson, TN

    Lot size:
    4.00 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 21 at 10:06 am

    Property Features for Tn-125

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Natural State
    APN
    071 008.01 000
    Lot size
    4.00 Acres

    Utilities

    Utilities
    Cable Available

    We can help!

    Listing Contact
    Destiny Burns

    Stellar Realty Group (731) 879-9394

    Listing agent Destiny Burns (731) 608-4552 License #342939

    Listing date Feb 20, 2026

    MLS# 2600701 Listing URL

    Copyright © 2026 Central West Tennessee 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.

    Learn more

    Property Insight Report

    Overview

    Land Near Chickasaw State Park

    This four-acre property is located along Tennessee 125, near Chickasaw State Park, a golf course, and Lake Lajoie. The land offers space and charm for building a home or creating a getaway spot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Henderson
    County
    Chester
    State
    Tennessee
    Longitude
    -88.803342
    Latitude
    35.385456

    Nearby Similar for Sale

    • New
      $850,000
      1,600 SF

      Secluded Cabins on 12.81 Acres

      Seven cabins on 12.81 acres, great income potential.
      115 Chalet Ln, Henderson, TN 38340
      View Details
    • $670,000
      11,602 SF

      Henderson Commercial Property For Sale

      Commercial property in Henderson, TN, with excellent access and parking.
      123 N Church Ave N, Henderson, TN 38340
      View Details
    • $4,500,000
      52.00 Acres

      Luxury Estate with Private Lake

      Sprawling estate on 52 acres with lake and barns.
      140 Lk Shr Ln, Henderson, TN 38340
      View Details
    • $375,000
      Pending

      Retail Property Near Highway 45

      Vacant retail building near Highway 45 and downtown Henderson, TN.
      224 S Church Ave, Henderson, TN 38340
      View Details
    • $264,900
      4,094 SF

      Henderson Commercial Building with Tenants

      Commercial building in Henderson, TN with four tenants.
      S110 S Washington Ave, Henderson, TN 38340
      View Details
    • $335,000
      4,968 SF

      Highway Commercial Building For Sale

      Commercial building with flexible layout and highway access in Henderson.
      865 Us Highway 45 N, Henderson, TN 38340
      View Details
    • $335,000
      4,968 SF

      Henderson Office Building - Great Value

      Prime Henderson office space, 4,968 sq ft, $335,000.
      865 Us Highway 45, Henderson, TN 38340
      View Details
    • $670,000
      11,602 SF

      Prime Henderson Office Building

      Spacious Office, 11,602 sq ft, 2.85 acres
      123 Church Ave, Henderson, TN 38340
      View Details
    • $335,000
      4,968 SF

      Prime Henderson Executive Office Space

      4,968 SF Office, High Visibility
      865 Us Highway 45, Henderson, TN 38340
      View Details
    • $2,500,000
      1,437,480 SF

      WILSON

      33 ACRES COMMERCIAL LAND FOR SALE BY OWNER IN TENNESSEE
      3901 Us Highway 45, Henderson, TN 38340
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Four acres near Chickasaw State Park, golf, and Lake Lajoie.
    Where is this residential land & home lot located?
    The property is located at Tn-125 Henderson, 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: - Four acres of land, perfect for your dream project.; - Adjacent to Tennessee 125, offering convenient access.; - Close proximity to Chickasaw State Park, ideal for outdoor enthusiasts.
    (731) 608-4552
    Request Owner's contact information
    Tn-125 Henderson, TN 38340
    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.
    Tn-125
    Henderson, TN 38340
    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
    Tn-125 Henderson, TN 38340
    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

    We can help!
    Listing Contact
    Destiny Burns
    Real Estate License ID: 342939
    (731) 608-4552 (731) 989-5166
    Learn more
    Google sign-in failed. Please try again or use another login method.