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    3 Highway 232 Stewart, TN 37175

    For Sale
    $119,000

    Prime Hunting & Homesite, 15.77 Acres

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    299
    This exceptional 15.77-acre tract in Stewart, Tennessee, presents a unique opportunity for residential and commercial development. Located on Highway 232, the property boasts 499 feet of state road frontage, providing excellent accessibility. Utilities are readily available, including electricity and fiber optic internet. The land is ideal for a homesite, offering a peaceful countryside setting with abundant wildlife, including deer and wild turkey. Its proximity to Kentucky Lake and boat launches adds recreational appeal. The property is newly surveyed with marked property lines, and there are no restrictions, zoning, or homeowner association fees. A Greenbelt tax program is in place, and the buyer will need to recertify for continued benefits. This versatile property is perfect for those seeking a tranquil retreat or a strategic investment. Additional acreage may be available. The asking price is $119,000. The property is zoned for both commercial and residential use. This is a rare opportunity to own a substantial piece of land in a desirable location.

    Property Features for 3 Highway 232

    General Information

    Property type
    Land
    Lot Size
    686,941 SF

    HighLights

    • $119,000 asking price.
    • 15.77‑acre land parcel.
    • Located in Stewart, TN, at 3 Highway 232, zip code 37175.
    • Suitable for residential and commercial development.
    • Features 499 feet of state road frontage, electric, and fiber optic internet availability.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Food Market Storage Facility Bar & Pub Convenience Store Italian Restaurant Fish Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stewart
    County
    Stewart
    State
    Tennessee
    Longitude
    -87.8414143
    Latitude
    36.3206104

    Nearby Comparable

    • $139,500
      19.03 Acres

      4 Highway 232

      Land • 19.03 Acres
      4 Highway 232, Stewart, TN 37175
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    • $75,000
      11.08 Acres

      11 Acres TN Hunting Land

      Prime Hunting Land, Excellent Location
      2 Highway 232, Stewart, TN 37175
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    • $75,000
      9.51 Acres

      9.51 Acres Commercial/Residential Land

      Tennessee Land: Hunting, Hiking, Homesite
      7 Highway 232, Stewart, TN 37175
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    • $259,000
      56.00 Acres

      Prime 56-Acre TN Land Tract

      Hunting, homesite, recreation; unrestricted.
      8 Highway 232, Stewart, TN 37175
      View Details
    • $149,500
      22.67 Acres

      22-Acre TN Land - $149,500

      Hunters Paradise, Commercial Potential
      5 Highway 232, Stewart, TN 37175
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    Nearby Similar for Sale

    • $100,000

      Land Near Kentucky Lake

      Secluded land near Kentucky Lake, ideal for building.
      Overlook Trl, Stewart, TN 37175
      View Details

    FAQs

    What type of property is this?
    Land - Prime Hunting & Homesite, 15.77 Acres
    Where is this land located?
    The property is located at 3 Highway 232 Stewart, TN.
    What is the asking price?
    The asking price for this property is $119,000.
    What are key features of this property?
    This property features: $119,000 asking price.; 15.77-acre land parcel.; Located in Stewart, TN, at 3 Highway 232, zip code 37175.
    Request Owner's contact information
    3 Highway 232 Stewart, TN 37175
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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
    3 Highway 232 Stewart, TN 37175
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