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

    Walleye Road lot 62C Hilham, TN 38568

    View on Map
    For Sale
    $79,929

    LAND - Hilham, TN

    Lot size:
    0.61 Acres
    Added:
    Mar 10, 2026
    Days on Market:
    23
    Last Refresh:
    Apr 1 at 11:06 am

    Property Features for Walleye Road lot 62C

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    058O C 047.00
    Lot size
    0.61 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    293

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Tank
    Water front features
    Lake
    Water front
    1

    We can help!

    Listing Contact
    Heather Skender-Newton

    Listing agent Heather Skender-Newton License #272220

    Listing office Skender-Newton Realty 769 Dacco Drive, Cookeville, TN

    Listing date Mar 10, 2026

    MLS# 235609 Listing URL

    Copyright © 2026 Upper Cumberland 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

    Tennessee Land Near Dale Hollow

    This 0.61-acre lot is located in the Pointe at Dale Hollow, between Livingston and Celina. The property features flat to gently rolling terrain suitable for building a lake or mountain retreat. The location offers mountain views and seasonal views of Dale Hollow Lake. It is situated minutes from Mitchell Creek Marina, Horse Creek Marina, and Dale Hollow Dam. The gated community provides access to amenities including a swimming pool, clubhouse, and sunset pavilion. The property benefits from paved roads and underground utilities. It is located on Walleye Road in Hilham, Tennessee.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Hilham
    County
    Overton
    State
    Tennessee
    Longitude
    -85.4388
    Latitude
    36.405

    Nearby Similar for Sale

    • $64,929

      Hilham, TN Land with Views

      7 acres near parks and lakes, ideal for recreation.
      Terrapin Ridge Road lot: 7, Hilham, TN 38568
      View Details
    • $230,000

      Unrestricted Land with Workshop

      16.96 acres with workshop near Livingston, Tennessee.
      2222 Hilham Hwy., Hilham, TN 38568
      View Details
    • $495,000

      71.3 Acres of Vacant Land

      Land offers investment, development, or multiple homesites potential.
      280 Robbins Ln., Hilham, TN 38568
      View Details
    • $108,000

      Hilham, TN Buildable Land

      12.38 acres of private, quiet, buildable land in Hilham.
      3087 NW Turkeytown Road, Hilham, TN 38568
      View Details
    • $54,929

      Tennessee Land with Lake Views

      1.21-acre lot with lake views and community amenities.
      Mallard Lane lot: 97C, Hilham, TN 38568
      View Details
    • $154,900

      Lakeview Land in Gated Community

      1.48-acre lot with lake views and community amenities.
      Mallard Lane lot: 100C, Hilham, TN 38568
      View Details
    • $99,000

      Lakeview Land in Gated Community

      Land with lake views and community amenities near Dale Hollow.
      Goose Rd lot: 57A, Hilham, TN 38568
      View Details
    • $24,900

      Hilham, TN Wooded Lot

      0.56-acre surveyed lot in gated community with amenities.
      Crappie Lane lot: 17D, Hilham, TN 38562
      View Details
    • $169,900

      Hilham, TN Land For Sale

      10.29 acres with building shed and natural spring.
      4142 York Hwy, Hilham, TN 38568
      View Details
    • $525,000

      Unrestricted Farmland in Overton County

      76 acres of unrestricted farmland in Hilham, Tennessee.
      198 Turkey Town Road, Hilham, TN 38568
      View Details
    • $89,900

      Hilham, TN Land For Sale

      2.21 acres in gated community with amenities and utilities.
      Trout Lane lot: 4F, Hilham, TN 38568
      View Details
    • $94,900

      Land with Dale Hollow Lake Views

      0.87-acre lot with lake views near Dale Hollow marinas.
      15C Swan Ridge Rd lot: 15C, Hilham, TN 38568
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.61-acre lot in gated community near Dale Hollow Lake.
    Where is this residential land & home lot located?
    The property is located at Walleye Road lot 62C Hilham, TN.
    What is the asking price?
    The asking price for this property is $79,929.
    What are key features of this property?
    This property features: Breathtaking mountain views and seasonal glimpses of Dale Hollow Lake.; Access to upscale amenities: swimming pool, elegant clubhouse, and sunset pavilion.; Located in a private, gated community, The Pointe at Dale Hollow.
    (931) 261-9001
    We can help!
    Listing Contact
    Heather Skender-Newton
    Real Estate License ID: 272220
    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!