Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Lot Near Kentucky Lake Title is generated by Realmo AI

    15 RED BUD LN, Big Sandy, TN 38221

    View on Map
    Claim this Listing
    New
    For Sale
    Contact for pricing

    Vacant Lot,Residential Single Family,Resort/Vacation,Lots - BIG SANDY, TN

    Type:Single Family Residence
    Lot size:
    0.60 Acres
    Added:
    May 8, 2026
    Days on Market:
    4
    Last Refresh:
    May 11 at 8:06 pm

    Property Features for 15 RED BUD LN

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    003.00
    Lot size
    0.60 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jeff Phifer

    Listing agent Jeff Phifer

    Listing office Landmark Realty and Auction 1507 East Wood Street, TN

    Listing date May 8, 2026

    MLS# 135090 Listing URL

    Copyright © 2026 Tennessee Valley Association of 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

    • Beautiful lot ready for your dream home.
    • Minutes from KY Lake, perfect for recreation.
    • Recent perk test completed.
    • Ready for new home construction.

    Overview

    This 0.6-acre vacant lot is located minutes from Kentucky Lake in Big Sandy, Tennessee. The property has a recent perk test and is suitable for residential single-family use, or a resort/vacation property. The lot is ready for construction of a new home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Big Sandy
    County
    Benton
    State
    Tennessee
    Longitude
    -88.077888
    Latitude
    36.267027

    Nearby Similar for Sale

    • $299,000
      5,720 SF

      Versatile Commercial Building in Big Sandy

      5700 sq ft building with business possibilities in Big Sandy.
      13728 HWY 69A, BIG SANDY, TN 38221
      View Details
    • $108,000
      1,152 SF

      Established Restaurant with Equipment Included

      Turn-key restaurant with equipment, offering diverse business opportunities.
      68 Front St, BIG SANDY, TN 38221
      View Details
    • $250,000
      2,160 SF

      Multi-Family Acreage with Rental Income

      7.1 acres with three homes, rental income potential.
      540 Rolling Oak Drive, Big Sandy, TN 38221
      View Details
    • $54,500
      2,142 SF

      Commercial Building in Downtown Big Sandy

      Storefront property in Big Sandy, Tennessee, suitable for multiple businesses.
      30 East Bridge St., BIG SANDY, TN 38221
      View Details
    • $9,950

      Residential Lot Near Kentucky Lake

      Wooded lot near Kentucky Lake, ideal for vacation or residential.
      Zig Zag, BIG SANDY, TN 38221
      View Details
    • $7,950

      Wooded Lot Near Kentucky Lake

      Prime wooded corner lot near Kentucky Lake in Big Sandy.
      Ramblingwood Dr, BIG SANDY, TN 38221
      View Details
    • $9,950

      Residential Lot Near Kentucky Lake

      Tranquil, wooded lot near Kentucky Lake for vacation or residential.
      Midfield Dr, BIG SANDY, TN 38221
      View Details
    • $8,950

      Residential Lot Near Kentucky Lake

      Cleared homesite with access to Kentucky Lake recreation.
      Hillcrest Ln, BIG SANDY, TN 38221
      View Details
    • $453,955

      45.5 Acres of Farmland/Hunting Land

      Undeveloped acreage perfect for farming, hunting, and building a home.
      Lower Big Sandy Road, BIG SANDY, TN 38221
      View Details
    • $130,000

      8.46 Acres in Big Sandy

      Unrestricted 8.46 acres with shop, dwelling, and pond.
      143 New Hope Road, BIG SANDY, TN 38221
      View Details
    • $10,000

      Vacant Land Near Kentucky Lake

      Vacant lot near New Hope Boat Launch and Kentucky Lake.
      Hillcrest Ln, BIG SANDY, TN 28224
      View Details
    • $79,900

      Wooded Acreage Near Kentucky Lake

      8.45+- acres, unrestricted, near Kentucky Lake and boat ramps.
      Stockdale Circle, BIG SANDY, TN 38221
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Vacant lot near Kentucky Lake, ready for new home.
    Where is this residential land & home lot located?
    The property is located at 15 RED BUD LN Big Sandy, TN.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Beautiful lot ready for your dream home.; Minutes from KY Lake, perfect for recreation.; Recent perk test completed.
    (731) 441-9779
    We can help!
    Listing Contact
    Jeff Phifer
    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
    15 RED BUD LN, BIG SANDY, TN 38221
    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!