Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Tennessee River Waterfront Lot Title is generated by Realmo AI

    425 Hardin Btm Road, Clifton, TN 38425

    View on Map
    Claim this Listing
    For Sale
    $96,000

    Waterfront lot in gated community near Kentucky Lake.

    Type:Land
    Lot size:
    0.62 Acres
    Added:
    Apr 1, 2025
    Days on Market:
    428
    Last Refresh:
    Mar 13 at 10:40 am

    Property Features for 425 Hardin Btm Road

    General Information

    Standard status
    Active
    Lot size
    0.62 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Chris Morris

    Listing agent Chris Morris License #367622

    Listing office Lake Homes Realty, LLC

    Listing date Apr 1, 2025

    Source Compass

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

    All listing content including descriptions, pricing, images are the copyrighted material of Lake Homes Realty, LLC

    HighLights

    • Waterfront lot on the Tennessee River/Kentucky Lake
    • Located in Paradise Landing, a gated community
    • RV‑friendly development with community boat ramp, dock, and picnic pavilions
    • Large lot size: 60' x 350' (.62 acres)
    • Low annual taxes: $172
    • Potential for rental income

    Overview

    This 0.62-acre waterfront lot, measuring 60' x 350', is located in the gated community of Paradise Landing in Clifton, Tennessee. The community, developed for RVs, has no Home Owners Association, but owners pay a yearly maintenance fee of $560 for the upkeep of the security gate, private road, and common areas. Common areas include picnic pavilions, a community boat ramp, and a dock for loading and unloading. Situated in West Tennessee, the property is approximately two hours from both Nashville and Memphis, on Kentucky Lake/Tennessee River. This location is suited for RVs, boating, and fishing. Several local marinas are a short boat ride away, and the Ross Creek Landing golf course is five miles away. The lot is currently undeveloped, presenting a blank canvas for new owners. City water and electricity are available at the road, requiring hookup and septic tank installation. Local contractors are available to prepare the lot. The owner is also selling adjacent lot 147, which is the same size, offering the option to purchase a larger space. The current annual taxes are $172. The lot can be rented out when not in use to generate income.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Clifton
    County
    Wayne
    State
    Tennessee
    Longitude
    -88.014435
    Latitude
    35.450105

    Nearby Similar for Sale

    • $135,000

      Waterfront Land in Clifton, TN

      2.66-acre waterfront lot with Tennessee River access.
      WATER St, Clifton, TN 38425
      View Details
    • $1,558,065

      Family Dollar Store Investment Opportunity

      Family Dollar store in Clifton, Tennessee with an 8-year lease.
      2307 Billy Nance Boulevard, Clifton, TN 38425
      View Details
    • $286,000

      Clifton TN Hunting Land

      52+/- acres of unrestricted land near Clifton, Tennessee.
      LINDEN Hwy, Clifton, TN 38425
      View Details
    • $220,000

      Tennessee Riverfront Land in Clifton

      Four-acre waterfront land with river and creek access.
      Dancing Eagle Lane lot: 33-36, Clifton, TN 38425
      View Details
    • $174,900

      Tennessee Riverfront Land Parcel

      Riverfront land parcel with improvements near community boat launch.
      714 Lexi Lane, Clifton, TN 38425
      View Details
    • $39,000

      Riverfront Lot in Gated Community

      Riverfront lot in gated community with boat ramp and picnic area.
      2781 Hardin Bottom Road, Clifton, TN 38425
      View Details
    • $60,000

      8.87 Acre Land Parcel

      Land with utilities near Tennessee River and Ross Creek.
      4819 Morrison Creek Road, Clifton, TN 38425
      View Details
    • $90,000

      Creek Lot in Gated Subdivision

      Creek-side lot with utilities and community amenities.
      121 PINTAIL Ln lot: 236, Clifton, TN 38425
      View Details
    • $60,000

      Waterfront Lot in Gated Subdivision

      Waterfront lot in gated community with amenities near marina.
      266 DRAKE Dr lot: 150, Clifton, TN 38425
      View Details
    • $60,000

      RV Lot on Tennessee River

      RV lot in gated community near Kentucky Lake.
      1947 Hardin Bottom Road, Clifton, TN 38425
      View Details
    • $109,000

      Tennessee River Front RV Lot

      RV lot with canopy, utilities, and river access.
      1017 River Front Drive, Clifton, TN 38425
      View Details
    • $83,000

      Residential Land in Cobbs Landing

      Two lots ready to build in Cobbs Landing, Clifton, TN.
      2975 Col James Hardin dr., Clifton, TN 38425
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Waterfront lot in gated community near Kentucky Lake.
    Where is this waterfront land located?
    The property is located at 425 Hardin Btm Road Clifton, TN.
    What is the asking price?
    The asking price for this property is $96,000.
    What are key features of this property?
    This property features: Waterfront lot on the Tennessee River/Kentucky Lake; Located in Paradise Landing, a gated community; RV‑friendly development with community boat ramp, dock, and picnic pavilions
    (901) 606-2116
    We can help!
    Listing Contact
    Chris Morris
    Real Estate License ID: 367622
    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
    425 Hardin Btm Road, Clifton, TN 38425
    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!