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    87.5 Acres Hunting and Recreation Title is generated by Realmo AI

    1485 Barrett Hollow Road, Rogersville, TN 37857

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    87.5-acre surveyed tract perfect for hunting and recreation.

    Type:Land
    Property size:
    840 SF
    Lot size:
    87.50 Acres
    Price / SF:
    $406/SF
    Added:
    May 13, 2026
    Days on Market:
    21
    Last Refresh:
    May 16 at 8:41 pm

    Property Features for 1485 Barrett Hollow Road

    General Information

    Standard status
    Active
    Size
    840 SF
    Lot size
    87.50 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Jason Mitchem

    Listing agent Jason Mitchem License #266505

    Listing office Midwest Land Group

    Listing date May 13, 2026

    Source Crexi

    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 Midwest Land Group

    HighLights

    • 87.5 acre surveyed tract ideal for hunting, recreation, or building a private estate.
    • Established well producing 15 gallons per minute and approved septic permit for a four‑bedroom home.
    • Cleared build site ready for construction, saving time and expense.
    • 3,000 feet of road frontage with 3 established gates, providing easy access.
    • Includes a 35’x24’ MAXSTEEL garage and a 12’x16’ Blue Tuff Shed for storage.
    • Conveniently located 30‑45 minutes from Kingsport, Rogersville, and Johnson City.

    Overview

    This 87.5-acre surveyed tract in Hawkins County, Tennessee, provides privacy, usability, and outdoor recreation. The property is suited for whitetail deer, turkey, and bear hunting. A cleared build site is in place for constructing a home or cabin. A well, drilled in December 2024 to a depth of approximately 125–160 feet, produces 15 gallons per minute. The well is capped and ready for pump installation. The Tennessee Department of Environment and Conservation has approved a septic permit for a four-bedroom home. Access is provided by approximately 3,000 feet of road frontage on Barrett Hollow Road, with 3 established gates. Improvements include a 35’x24’ (840 square foot) three-car MAXSTEEL garage built in July 2024, and a 12’x16’ Blue Tuff Shed installed in December 2023. Additional improvements include a 500-gallon potable water tank, rain barrels, a burn barrel, and large storage cabinets. The property is located 30 minutes from Kingsport, 32 minutes from Rogersville, and 45 minutes from Johnson City.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Suggested Use

    Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Rogersville
    County
    Hawkins
    State
    Tennessee
    Longitude
    -82.71459
    Latitude
    36.472195

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    FAQs

    What type of property is this?
    Hunting land - 87.5-acre surveyed tract perfect for hunting and recreation.
    Where is this hunting land located?
    The property is located at 1485 Barrett Hollow Road Rogersville, TN.
    What is the asking price?
    The asking price for this property is $341,250.
    What are key features of this property?
    This property features: 87.5 acre surveyed tract ideal for hunting, recreation, or building a private estate.; Established well producing 15 gallons per minute and approved septic permit for a four‑bedroom home.; **Cleared build site ready for construction, saving time and expense.**
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jason Mitchem
    Real Estate License ID: 266505
    Learn More
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    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.

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