Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Andersonville Land on Stooksbury Lane Title is generated by Realmo AI

    138 Stooksbury Lane, Andersonville, TN 37705

    View on Map
    Claim this Listing
    New
    Picture of Residential land & home lots at 138 Stooksbury Lane, Andersonville, TN
    For Sale
    $265,000

    LAND - Andersonville, TN

    Lot size:
    4.51 Acres
    Added:
    May 20, 2026
    Days on Market:
    4
    Last Refresh:
    May 23 at 3:06 am

    Property Features for 138 Stooksbury Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    005 048.20
    Lot size
    4.51 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1636

    Utilities

    Utilities
    Cable Available

    We can help!

    Listing Contact
    Buddy Malin
    Buddy Malin

    Listing agent Buddy Malin

    Listing office Wallace 3009 Tazewell Pike, Knoxville, TN

    Listing date May 20, 2026

    MLS# 1341774 Listing URL

    Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 4. 51‑acre tract ideal for building a dream home
    • Minutes from Norris Lake
    • Perked and ready for building (certificate available)
    • Utilities (water, telephone, electricity) available at the road
    • Approved for natural gas service installation
    • Combination of wooded (3.5 acres) and fenced pasture (1.5 acres)

    Overview

    This 4.51-acre tract is located on Stooksbury Lane in Andersonville. Approximately 3.5 acres are wooded with mature trees, while about 1.5 acres are cleared and fenced for pasture. The property is suitable for building a home and is located minutes from Norris Lake. The entire property has perked, with a certificate available. Water, telephone, and electricity are available at the road. Powell Clinch Utility has approved natural gas service to be installed when needed. This tract is being divided from current Listing 1330298, with a separate parcel ID to be assigned by ACPC/zoning upon completion of the subdivision process.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store Food Market Storage Facility Electrical Service Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Andersonville
    County
    Anderson
    State
    Tennessee
    Longitude
    -84.03398
    Latitude
    36.250076

    Nearby Similar for Sale

    • $549,900

      Picturesque Land with Mountain Views

      6.3 acres ideal for mini-farm, estate, or development.
      4261 Andersonville Hwy, Andersonville, TN 37705
      View Details
    • $265,000

      Andersonville Land with Lake Views

      1.16-acre lot with lake views, build-ready near Norris Lake.
      Hagaman Lane lot: E-2, Andersonville, TN 37705
      View Details
    • $299,900

      Lakefront Lot on Norris Lake

      Waterfront lot with lake access and build-ready potential.
      Engle Drive, Andersonville, TN 37705
      View Details
    • $215,000

      Land with Mountain and Lake Views

      6.44 acres near Norris Lake with mountain views.
      2840 Highway 61 W, Andersonville, TN 37705
      View Details
    • $80,000

      Andersonville Land For Sale

      7.12 acres of wooded land with road frontage.
      Mt Olive Rd, Andersonville, TN 37705
      View Details
    • $241,500

      Andersonville Land Near Norris Lake

      6+ acre parcel near Norris Lake with multiple building sites.
      Tract 1 Mill Creek Rd, Andersonville, TN 37705
      View Details
    • $221,500

      5.25 Acres Near Norris Lake

      Unrestricted 5.25-acre property near Norris Lake, Andersonville, Tennessee.
      Tract 2 Mill Creek Rd, Andersonville, TN 37705
      View Details
    • $44,900

      Secluded Land Near Norris Lake

      1.7-acre lot with potential, near Norris Lake in Andersonville.
      Fox Hollow Lane, Andersonville, TN 37705
      View Details
    • $199,900

      Land in Andersonville, Tennessee

      2.21 acre lot for sale in Andersonville, Tennessee.
      Ridge Circle Rd, Andersonville, TN 37705
      View Details
    • $174,900

      Land Near Norris Lake

      2+ acre lot with septic system near Norris Lake.
      Ridge Circle Rd, Andersonville, TN 37705
      View Details
    • $224,900

      Norris Lake View Lot

      A 1.08-acre lot with lake views in Andersonville, TN.
      Hagaman Rd, Andersonville, TN 37705
      View Details
    • $2,275,000
      24,700 SF

      Retail Center on Andersonville Highway

      Retail center with high visibility and easy access near I-75.
      3310 Andersonville Hwy, Andersonville, TN
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 4.51-acre tract near Norris Lake, ideal for building.
    Where is this residential land & home lot located?
    The property is located at 138 Stooksbury Lane Andersonville, TN.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: 4. 51‑acre tract ideal for building a dream home; Minutes from Norris Lake; Perked and ready for building (certificate available)
    (865) 584-4000
    We can help!
    Listing Contact
    Buddy Malin
    Buddy Malin
    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
    138 Stooksbury Lane, Andersonville, TN 37705
    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!