Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Unrestricted Land with Installed Amenities Title is generated by Realmo AI

    1863 Old County Garage Road, Helenwood, TN 37755

    View on Map
    Claim this Listing
    For Sale
    $128,500

    6 acres with utilities, structure, and recreational access.

    Type:Lots & Acreage
    Property size:
    261,360 SF
    Lot size:
    6.00 Acres
    Price / SF:
    $0.49/SF
    Added:
    Dec 23, 2025
    Days on Market:
    162
    Last Refresh:
    Mar 13 at 11:45 am

    Property Features for 1863 Old County Garage Road

    General Information

    Standard status
    Active
    Size
    261,360 SF
    Lot size
    6.00 Acres
    Property subtype
    Lots & Acreage

    We can help!

    Listing Contact
    N. Marie Ayers
    N. Marie Ayers

    Listing agent N. Marie Ayers License #288620

    Listing office Ridge Real Estate LLC

    Listing date Dec 23, 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 Ridge Real Estate LLC

    HighLights

    • Unrestricted 6‑acre property with installed 2‑bedroom septic system, water tap, and electricity.
    • Metal structure (18'x30') with lean‑to (12'x25') on oversized concrete pad and wide driveway for easy access.
    • High‑speed internet access and washer/dryer connections already in place.
    • Enjoy close proximity (1.8 miles) to the main road.
    • Convenient access to outdoor recreation: Brimstone Recreation (ATV trails), Big South Fork National Park, and Oneida City Park.
    • Includes a 10'x16' storage building.

    Overview

    This 6-acre unrestricted property includes a partially enclosed metal structure (18'x30') with a 12'x25' lean-to on an oversized concrete pad. A wide driveway provides easy access, and a 10'x16' storage building is also present. The property is equipped with a water tap and outdoor spigot, electricity, washer/dryer connections, and high-speed internet. A 2-bedroom septic system is installed. Located 1.8 miles from the main road, the property offers convenient access to local amenities. Nearby recreational opportunities include Brimstone Recreation with over 300 miles of ATV trails, hiking, and horseback riding, as well as Big South Fork National Park. The Town of Huntsville Park and Oneida City Park, featuring a fishing lake, gymnasium, splash pad, sports courts, picnic tables, and a playground, are also nearby. The Oneida Municipal golf course and the Jack E. Lay sports complex are within close proximity. The property is suitable for RV parking, building a home, placing a mobile home, or constructing multiple homes.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Helenwood
    County
    Scott
    State
    Tennessee
    Longitude
    -84.52447
    Latitude
    36.457745

    Nearby Similar for Sale

    • $250,000

      Commercial Land in Helenwood, TN

      Commercial lot on Hwy 27, between Oneida and Huntsville.
      Scott Highway, Helenwood, TN 37755
      View Details
    • $375,000

      Highway Frontage Commercial Land

      2.65 acre commercial property with highway frontage in Helenwood, TN.
      0 Fire Fly Lane/Hwy 27, Helenwood, TN 37755
      View Details
    • $119,000

      Land with Pond Near Oneida

      3.31 acres with pond, convenient to Oneida, Big South Fork.
      2036 Helenwood Detour Rd, Helenwood, TN 37755
      View Details
    • $98,000

      2.5 Acre Land in Helenwood

      2.5 acre property suitable for residential or commercial use.
      0 Scott Hwy, Helenwood, TN 37755
      View Details
    • $265,000

      Helenwood, TN Acreage For Sale

      13.5+/- acre tract in Helenwood, TN with highway frontage.
      Scott Hwy, Helenwood, TN 37755
      View Details
    • $19,900

      Corner Lot in Helenwood, TN

      Desirable corner lot in established neighborhood with utilities available.
      Sutherland Drive, Helenwood, TN 37755
      View Details
    • $199,000

      Land with Lake Views, Trails

      8.38 acres with lake views, trails, and homesite locations.
      2036 Helenwood Detour Rd, Helenwood, TN 37755
      View Details
    • $19,900

      Corner Lot in Helenwood, TN

      Desirable corner lot in established neighborhood with utilities available.
      Sutherland Dr, Helenwood, TN 37755
      View Details
    • $350,000

      Recreational Waterfront Land with Lake Views

      Build-ready homesites with lake views, ATV trails, and river recreation just minutes from town.
      2036 Helenwood Detour Rd, Helenwood, TN 37755
      View Details
    • $64,000

      Helenwood, TN Vacant Land

      Three acre parcel with mountain views near State Hwy 27.
      0 Scott Hwy, Helenwood, TN 37755
      View Details
    • $19,900

      Corner Lot in Helenwood, TN

      Desirable corner lot in established neighborhood with utilities available.
      Sutherland Dr, Helenwood, TN 37755
      View Details
    • $1,943,283

      New Family Dollar Store Investment

      Recently built Family Dollar store on 1.31-acre parcel in Helenwood.
      11464 Scott Highway, Helenwood, TN 37755
      View Details

    FAQs

    What type of property is this?
    Land - 6 acres with utilities, structure, and recreational access.
    Where is this land located?
    The property is located at 1863 Old County Garage Road Helenwood, TN.
    What is the asking price?
    The asking price for this property is $128,500.
    What are key features of this property?
    This property features: Unrestricted 6‑acre property with installed 2‑bedroom septic system, water tap, and electricity.; Metal structure (18'x30') with lean‑to (12'x25') on oversized concrete pad and wide driveway for easy access.; High‑speed internet access and washer/dryer connections already in place.
    (423) 562-5454
    We can help!
    Listing Contact
    N. Marie Ayers
    N. Marie Ayers
    Real Estate License ID: 288620
    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
    1863 Old County Garage Road, Helenwood, TN 37755
    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!