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    5 Highway 232 Stewart, TN 37175

    For Sale
    $149,500

    Hunters Paradise, Commercial Potential

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    299
    This exceptional 22.67-acre property in Stewart, Tennessee, presents a unique investment opportunity. Located at 5 Highway 232, zip code 37175, this land boasts a peaceful countryside setting with a blend of wooded and level to sloping terrain. Ideal for hunting enthusiasts, the area is renowned for its abundant deer and wild turkey population. The property offers significant commercial and residential potential, with no restrictions, no zoning, and no homeowner's association fees. Utilities are readily available, including electricity and fiber optic internet access. Enjoy 210 feet of road frontage for easy access. Situated minutes from Kentucky Lake and boat launches, this location provides both recreational and practical advantages. The property has been recently surveyed, with clearly visible property lines. This is Tract 5, and adjoining acreage is also available for purchase. This is a rare opportunity to own a piece of outdoor paradise while enjoying the convenience of modern amenities. The asking price is $149,500. Coordinates: 36.3206104, -87.8414143.

    Property Features for 5 Highway 232

    General Information

    Property type
    Land
    Lot Size
    987,505 SF

    HighLights

    • $149,500 asking price.
    • 22.67‑acre land parcel.
    • Located at 5 Highway 232, Stewart, TN 37175.
    • Wooded, level to sloping terrain.
    • Excellent hunting, deer and turkey.
    • Utilities available (electric & fiber optic internet).
    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
      View Details
    • $75,000
      11.08 Acres

      11 Acres TN Hunting Land

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

      9.51 Acres Commercial/Residential Land

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

      Prime 56-Acre TN Land Tract

      Hunting, homesite, recreation; unrestricted.
      8 Highway 232, Stewart, TN 37175
      View Details
    • $119,000
      15.77 Acres

      Tennessee Land: 15 Acres, Hwy 232

      Prime Hunting & Homesite, 15.77 Acres
      3 Highway 232, Stewart, TN 37175
      View Details

    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 - Hunters Paradise, Commercial Potential
    Where is this land located?
    The property is located at 5 Highway 232 Stewart, TN.
    What is the asking price?
    The asking price for this property is $149,500.
    What are key features of this property?
    This property features: $149,500 asking price.; 22.67-acre land parcel.; Located at 5 Highway 232, Stewart, TN 37175.
    Request Owner's contact information
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    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
    5 Highway 232 Stewart, TN 37175
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