Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    05 Old Stage Road Ardmore, TN 38449

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $245,000

    23.27-acre tract with open and wooded areas.

    Type:Lots/Land
    Lot size:
    23.27 Acres
    Added:
    Apr 19, 2025
    Days on Market:
    365
    Last Refresh:
    Apr 8 at 12:01 am

    Property Features for 05 Old Stage Road

    General Information

    Standard status
    Active
    Lot size
    23.27 Acres
    Property subtype
    Lots/Land

    We can help!

    Listing Contact
    Rob Stroede

    Listing agent Rob Stroede License #166956

    Listing office simpliHOM

    Listing date Apr 19, 2025

    Source Exitrealty

    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 simpliHOM

    Overview

    Giles County Land Tract

    This 23.27-acre tract is located in Giles County and features a mix of open and wooded areas. The property offers space for building a home, creating a private retreat, or starting a mini-farm. Preliminary soil work has been completed, with a possible soil site identified. Water is available at the road, and power easements will be provided by the seller.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Ardmore
    County
    Giles
    State
    Tennessee
    Longitude
    -86.902502
    Latitude
    35.107545

    Nearby Similar for Sale

    • $245,000

      23.27 Acres in Ardmore, TN

      23.27-acre tract with open and wooded areas in Giles County.
      05 Old Stage Road, Ardmore, TN 38449
      View Details
    • $265,000
      5,120 SF

      Industrial Warehouse with Acre Lot

      5120 SF warehouse with acre lot near Interstate.
      25494 Industrial Park Rd, Ardmore, TN 38449
      View Details
    • $375,000

      30 Acres Land in Ardmore

      30 acres of land suitable for a new home.
      30acres Stevenson Road, Ardmore, TN 38449
      View Details
    • $349,900

      Ardmore Land with Pond

      15 acres in Ardmore with pond and barn.
      15 acres Slaughter Pen Road, Ardmore, TN 38449
      View Details
    • $2,600,000
      9,600 SF

      New Retail Building on Main

      New construction retail building with drive-thru capabilities for sale.
      26406 Main St, Ardmore, TN
      View Details
    • $6,250,000
      73,320 SF

      Industrial Property with Cranes

      73,320 SF industrial space featuring cranes and dock doors.
      301 George Whitfield Ind Pk Rd, Ardmore, TN
      View Details
    • $3,950,000
      110,619 SF

      Renovated Warehouses on Divisible Land

      Industrial property with renovated warehouses and divisible land near I-65.
      30225 Bankston Rd, Ardmore, TN 38449
      View Details

    FAQs

    What type of property is this?
    Land - 23.27-acre tract with open and wooded areas.
    Where is this land located?
    The property is located at 05 Old Stage Road Ardmore, TN.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: Large 23.27‑acre tract offering ample space and flexibility.; Preliminary soil work completed with a possible soil site identified.; Water available at the road.
    (615) 762-6572
    We can help!
    Listing Contact
    Rob Stroede
    Real Estate License ID: 166956
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!