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

    384 Clouse Hill Road, Tracy City, TN 37387

    View on Map
    Claim this Listing
    For Sale
    $1,500,000

    384 acres of preserved Tennessee countryside with stocked lake.

    Type:Land
    Lot size:
    384.00 Acres
    Added:
    Mar 10, 2025
    Days on Market:
    452
    Last Refresh:
    Mar 13 at 11:21 am

    Property Features for 384 Clouse Hill Road

    General Information

    Standard status
    Active
    Lot size
    384.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Todd Henon
    Todd Henon

    Listing agent Todd Henon License #280357

    Listing office Keller Williams Realty

    Listing date Mar 10, 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 Keller Williams Realty

    HighLights

    • 384± acres of preserved Tennessee countryside with a Conservation Easement, ensuring lasting natural beauty.
    • Private, stocked lake with over 3,200 feet of shoreline.
    • Convenient location: 8 minutes from I‑24, less than 1 hour to Chattanooga, 1.5 hours to Nashville and Nashville International Airport.
    • Three reserved building sites allow for flexible construction.
    • Abundant wildlife and diverse landscape suitable for hunting, food plots, camping, and other outdoor activities.
    • Proximity to local attractions including Baggenstoss Farms, Sewanee, Franklin State Forest, Tims Ford Lake, and The Caverns music venue.

    Overview

    Located on the Cumberland Plateau, between Nashville and Chattanooga, this property features 384 acres of preserved Tennessee countryside. The land includes open pastures, rolling hills, and pines. A private, stocked lake offers over 3,200 feet of shoreline. The property is teeming with wildlife. A Conservation Easement protects the natural beauty with 3 reserved building sites. The topography, hardwoods, lake front, and pastures are ready for hosting a Southern dove hunt, developing food plots and greenfields, or camping by the lake. It's conveniently located near attractions including Baggenstoss Birds and Clays, Baggenstoss Farms with campground, RV park, general store, and zip line. The property is 8 minutes to I-24 and Monteagle. Sewanee, with shops, dining, arts, natural outdoor attractions, and The University of the South, is nearby. Franklin State Forest, Tims Ford Lake, and Mountain Goat Trail public hiking trail system are also in proximity. The property is less than 1 hour to Downtown Chattanooga, 1.5 hours to Nashville, and 1.5 hours to BNA Nashville International Airport.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Tracy City
    County
    Grundy
    State
    Tennessee
    Longitude
    -85.816355
    Latitude
    35.303869

    Nearby Similar for Sale

    • $1,750,000
      11,400 SF

      Unique Tennessee Campground and Venue

      Renovated campground and venue on 47 acres near waterfalls.
      587 Lakes Road, Tracy City, TN 37387
      View Details
    • $300,000

      33.5 Acres of Hunting Land

      33.5-acre property ideal for hunting and outdoor activities.
      Tipple Road, Tracy City, TN 37387
      View Details
    • $300,000
      1,459,260 SF

      Tennessee Hunting and Recreational Land

      33.5 acres of diverse hunting and recreational land.
      0 Tipple Road, Unit TRACT 4 & 5, Tracy City, TN 37387
      View Details

    FAQs

    What type of property is this?
    Land - 384 acres of preserved Tennessee countryside with stocked lake.
    Where is this land located?
    The property is located at 384 Clouse Hill Road Tracy City, TN.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 384± acres of preserved Tennessee countryside with a Conservation Easement, ensuring lasting natural beauty.; Private, stocked lake with over 3,200 feet of shoreline.; Convenient location: 8 minutes from I‑24, less than 1 hour to Chattanooga, 1.5 hours to Nashville and Nashville International Airport.
    (423) 413-4507
    We can help!
    Listing Contact
    Todd Henon
    Todd Henon
    Real Estate License ID: 280357
    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
    384 Clouse Hill Road, Tracy City, TN 37387
    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!