Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land Opportunity in Atoka, TN Title is generated by Realmo AI

    03 ATOKA-IDAVILLE Rd, Atoka, TN 38004

    View on Map
    Claim this Listing
    For Sale
    $215,000

    LAND - Atoka, TN

    Lot size:
    20.00 Acres
    Added:
    Apr 3, 2026
    Days on Market:
    60
    Last Refresh:
    Jun 1 at 6:06 pm

    Property Features for 03 ATOKA-IDAVILLE Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AGR
    Standard status
    Active
    Lot size
    20.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    320

    We can help!

    Listing Contact
    Ching Knaebel

    Listing agent Ching Knaebel License #S-56835

    Listing office REMAX Experts 1930 Exeter Rd, Germantown, TN

    Listing date Apr 3, 2026

    MLS# 10218475 Listing URL

    Copyright © 2026 Memphis Area 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.

    HighLights

    • Prime location outside Atoka city limits in a desirable development area.
    • Exceptional investment opportunity in an area primed for future growth.
    • Walking distance to top‑rated schools, shopping, and recreation.
    • Low county taxes and unbeatable city access.
    • No restrictions on the land.
    • Multiple lot options available (minimum 10 acres).

    Overview

    This land opportunity is located just outside the Atoka city limits in Tipton County. The property is situated in a prime development area with proximity to schools, shopping, and recreation. The location offers low county taxes and city access. This area is expected to experience future growth, potentially making it an investment opportunity. The zoning is AGR. The listing is for one lot only, with the buyer able to choose from available options. The lot configurations are approximate and provided as potential options. Buyers are responsible for all due diligence, including surveying, percolation testing, and subdivision. The property is sold AS-IS. The lot has a water feature and a size of 20 acres.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Atoka
    County
    Tipton
    State
    Tennessee
    Longitude
    -89.7587549
    Latitude
    35.434218

    Nearby Similar for Sale

    • $420,000

      30 Acres Pastureland Ready

      Gently rolling 30-acre pastureland for custom dream home!
      MUDVILLE Rd, Atoka, TN 38004
      View Details
    • $1,900,000

      81-Acre Farm in Atoka, TN

      81-acre farm in Atoka, TN, with development potential.
      MEADE LAKE Rd, Atoka, TN 38004
      View Details
    • $199,000

      Atoka Land Development Opportunity

      Prime land in Atoka development area, exceptional investment opportunity.
      01 ATOKA-IDAVILLE Rd, Atoka, TN 38004
      View Details
    • $199,000

      Land Opportunity in Atoka, TN

      Prime land in a desirable location near schools and shopping.
      02 ATOKA-IDAVILLE Rd, Atoka, TN 38004
      View Details
    • $215,000

      Land Opportunity in Atoka, TN

      Prime land in Atoka development area, exceptional investment opportunity.
      04 ATOKA-IDAVILLE Rd, Atoka, TN 38004
      View Details
    • $199,000

      Land Opportunity in Atoka, TN

      Prime land in a desirable location with future growth potential.
      05 ATOKA-IDAVILLE Rd, Atoka, TN 38004
      View Details
    • $750,000

      Land on Cobb Avenue, Atoka

      7.35 acres of commercial land for sale in Atoka, TN.
      02 COBB Ave, Atoka, TN 38004
      View Details
    • $2,000,000

      Commercial Corner Lot in Atoka

      Prime commercial corner lot available in Atoka, Tennessee.
      13724 51 S HIGHWAY, Atoka, TN 38004
      View Details
    • $30,000

      Residential Land in Atoka, TN

      Two adjacent parcels zoned for single or two family residential development.
      SMITH Dr, Atoka, TN 38004
      View Details
    • $80,000

      Commercial Land Near Highway 51

      0.77 acre commercial lot near established businesses and Highway.
      01 COBB Ave lot: 11, Atoka, TN 38004
      View Details
    • $100,000

      Commercial Land in Atoka, TN

      Commercial property on the main thoroughfare in Atoka, Tennessee.
      ATOKA MCLAUGHLIN Dr lot: 9, Atoka, TN 38004
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Prime land in a desirable location near schools and shopping.
    Where is this agricultural land / farmland located?
    The property is located at 03 ATOKA-IDAVILLE Rd Atoka, TN.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: Prime location outside Atoka city limits in a desirable development area.; Exceptional investment opportunity in an area primed for future growth.; Walking distance to top‑rated schools, shopping, and recreation.
    (901) 569-0596
    We can help!
    Listing Contact
    Ching Knaebel
    Real Estate License ID: S-56835
    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

    Thank You for Inquiry
    03 ATOKA-IDAVILLE Rd, Atoka, TN 38004
    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!