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    120 Margo Ct Joelton, TN 37080

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    For Sale
    $39,900

    Vacant lot near Nashville, suitable for building or rental.

    Property Features for 120 Margo Ct

    General Information

    Standard status
    Active

    Source: ALL IN ONE REALTY Agent TONY MIK MIKASOBE, PRINCIPAL BROKER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vacant Lot Near Downtown Nashville

    Vacant Lot #8 is located minutes from downtown Nashville. The lot is suitable for building a home or installing a double-wide home for rental purposes. Hunting is also a potential use. Electricity and city water are available at the road. Lot #7, Parcel/Tax ID 024D A 007.00, is also available for sale. The two lots are situated at the end of the cul-de-sac and together comprise 5.2 acres. There is no HOA and no restrictions. The property is not in a flood zone. Buyers are responsible for all permits, septic tank, and percolation studies.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Auto Repair Shop Clothing Store Storage Facility Men's Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Joelton
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.95743
    Latitude
    36.361707

    Nearby Similar for Sale

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      Prime Joelton Commercial Land

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      Joelton Commercial Corner Lot

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    FAQs

    What type of property is this?
    Land - Vacant lot near Nashville, suitable for building or rental.
    Where is this land located?
    The property is located at 120 Margo Ct Joelton, TN.
    What is the asking price?
    The asking price for this property is $39,900.
    What are key features of this property?
    This property features: - Owner financing available with 25% down and 5 years at 6% interest.; - No HOA and no restrictions on the property.; - Electricity and city water available at the road.
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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
    120 Margo Ct Joelton, TN 37080
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