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    366 Parker Rd Portland, TN 37148

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    For Sale
    $750,000

    37 acres of raw land suitable for residential or agricultural use.

    Property Features for 366 Parker Rd

    General Information

    Standard status
    Active

    Source: BENCHMARK REALTY, LLC Agent JEFF LUCAS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Land with Development Potential

    This 37-acre property presents opportunities for constructing a dream home or establishing a productive farm. The raw land features a mix of pastures and timber. The property is suitable for various uses and can be subdivided for development or maintained as a private retreat, subject to local building codes. The land includes approximately 907 feet of road frontage on two roads and includes parcel ID# 022 064.01. Both parcels are contiguous, and a current water tap is available on site. A water main is accessible from either road. The property is zoned R-P.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Sumner
    State
    Tennessee
    Longitude
    -86.39522
    Latitude
    36.594

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    FAQs

    What type of property is this?
    Land - 37 acres of raw land suitable for residential or agricultural use.
    Where is this land located?
    The property is located at 366 Parker Rd Portland, TN.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - 37 pristine acres suitable for building a home or establishing a farm.; - Mix of pastures and timber provides a serene setting.; - Significant road frontage (approximately 907 feet on two roads) offers accessibility and potential for development.
    Request Owner's contact information
    366 Parker Rd Portland, TN 37148
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    Portland, TN 37148
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    Realmo Value Estimation

    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.

    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.

    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
    366 Parker Rd Portland, TN 37148
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