Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land with Creek in Turtletown Title is generated by Realmo AI

    3.5ac Sassafras Ridge Road, Turtletown, TN 37391

    View on Map
    Claim this Listing
    For Sale
    $59,900

    Acreage - Turtletown, TN

    Lot size:
    3.46 Acres
    Added:
    Sep 9, 2025
    Days on Market:
    260
    Last Refresh:
    May 26 at 1:06 am

    Property Features for 3.5ac Sassafras Ridge Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    105 081.00
    Lot size
    3.46 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    William Banzhaf

    Listing agent William Banzhaf

    Listing office Mountain Place Realty 11 Overview Drive, Suite 102, Blue Ridge, TN

    Listing date Sep 9, 2025

    MLS# 326059 Listing URL

    Copyright © 2026 Northeast Georgia Board 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.

    HighLights

    • Large 3.5 AC lot.
    • Creek(s) running through the property, including Brush Creek.
    • Potential views from the top of the lot with tree trimming.
    • Level and steep portions offer varied terrain.
    • Significant development potential.
    • Opportunity to purchase the house across the street as a package deal (see listing for 155 Sassafras Ridge Rd).

    Overview

    This 3.46-acre lot in Turtletown, TN, features creeks, including Brush Creek, running through it. The property includes both level portions and steep areas leading up a hill. With some tree trimming, potential views may be possible from the top of the lot. The property is described as having major potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Turtletown
    County
    Polk
    State
    Tennessee
    Longitude
    -84.376
    Latitude
    35.1284

    Nearby Similar for Sale

    • $449,900
      12,000 SF

      Turtletown Warehouse on Highway 68

      Versatile 12,000 SF warehouse space on 1.98 acres.
      3696 Hwy 68, Turtletown, TN 37391
      View Details
    • $424,777

      Turtletown, TN Vacant Lot

      35+ acre lot with utilities and creek near outdoor recreation.
      385 Elrod Circle, Turtletown, TN 37391
      View Details
    • $457,000

      35 Acres Unrestricted Land

      Unrestricted 35-acre land with mountain views near Ocoee Whitewater.
      35ac Ducks Nest Road, Turtletown, TN 37391
      View Details
    • $64,500

      Turtletown, TN Vacant View Lot

      Five-acre vacant lot with year-round mountain views.
      Lot 32 Calvender Road, Turtletown, TN 37317
      View Details
    • $69,900

      Turtletown, TN Lakefront Lot

      Secluded mountain acreage with lake frontage on private water.
      Lot 53 Calvender Road, Turtletown, TN 37326
      View Details
    • $169,000

      Unrestricted 16-Acre Land Parcel

      16-acre unrestricted property with flat land, rolling hills, and views.
      Meredith Drive, Turtletown, TN 37391
      View Details
    • $350,000

      23 Acres in Turtletown, TN

      23-acre tract with pasture, woods, and fixer-upper in Turtletown.
      3754 Highway 68 S, TURTLETOWN, TN 37391
      View Details
    • $475,000

      Expansive Land with Mountain Views

      63.2-acre parcel with mountain views in Turtletown, Tennessee.
      Cedar Springs Road, TURTLETOWN, TN 37391
      View Details
    • $24,900

      Turtletown, TN Vacant Lot

      Vacant lot in quiet neighborhood with lake access.
      Lot32 Lakeview Drive, Turtletown, TN 37391
      View Details
    • $99,777

      Mountain View Land in Turtletown

      7.59 acres of unrestricted land with mountain views.
      Trk 1&2 Kimsey Mountain Hwy, Turtletown, TN 37391
      View Details
    • $65,000

      Turtletown, TN 1.19-Acre Land

      1.19-acre property with city water and minimal restrictions.
      Nicholson Circle, TURTLETOWN, TN 37391
      View Details
    • $69,900

      Mountain View Lot in Turtletown

      Scenic 2.1-acre lot in Ridgeline Estates, Turtletown, TN.
      Lot 7 Skyline Drive, Turtletown, TN 37391
      View Details

    FAQs

    What type of property is this?
    Land - 3. 5 AC lot with creek and potential views.
    Where is this land located?
    The property is located at 3.5ac Sassafras Ridge Road Turtletown, TN.
    What is the asking price?
    The asking price for this property is $59,900.
    What are key features of this property?
    This property features: Large 3.5 AC lot.; Creek(s) running through the property, including Brush Creek.; Potential views from the top of the lot with tree trimming.
    (706) 851-5865
    We can help!
    Listing Contact
    William Banzhaf
    Real Estate License ID: 307421
    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
    3.5ac Sassafras Ridge Road, Turtletown, TN 37391
    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!