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Residential Buildable Lot with Foundation
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506 Chigger Town Loop, Palmer, TN 37365

Build-ready land with an existing old foundation on higher ground near a paved road, plus utilities previously on-site.

Property SizeContact for details
Days on Market393

Property Features for 506 Chigger Town Loop

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $21
Listing Agency: Collier & Company Realty, LLC
Listed By: Michelle Collier · License #292936
Source: Exprealty
Added: Jul 15, 2025 Changed: Aug 8 Last Checked: Jun 30 at 8:12PM

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 Collier & Company Realty, LLC

Investment Insights

Based on property information with market context.

This property is a residential land lot that includes an old foundation, suggesting the site was previously improved and may be suitable for rebuilding. The foundation is described as being set on higher ground near the paved road. The lot is also noted as previously having utilities in place, including a septic tank and connections associated with electricity and public water, with a meter and fill lines reportedly present and electricity identified as available to reattach.

The FEMA Flood Map is stated to indicate the property is not in a flood zone. A neighbor has added a privacy fence along the front line, and the remarks note a possible encroachment related to that fence. The property also borders a creek.

For buyers looking for residential land, the existing foundation and earlier utility infrastructure can reduce some starting work compared with raw vacant land. Interested parties should review the fence boundary and any related encroachment considerations, along with verifying site conditions and all utility status prior to redevelopment.

Key Highlights

  • Build‑ready lot with an old foundation where a home may be rebuilt
  • Existing foundation located on higher ground near a paved road
  • FEMA Flood Map indicates the property is not in the flood zone

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Parts Store Garden Center Grocery & Convenience Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby

Demographics for 37365, TN

1,340
Population
662
Households
2
Avg Household Size
47
Median Age
9%
College-Educated
81%
High-School Grad
56.4 sq mi
ZIP Area
24
Density / Sq Mi
$50,962
Median Household Income
$30,606
Median Earnings
$552
Median Rent
$97,600
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build-ready land with an existing old foundation on higher ground near a paved road, plus utilities previously on-site.
Where is this residential land & home lot located?
The property is located at 506 Chigger Town Loop Palmer, 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: Build‑ready lot with an old foundation where a home may be rebuilt; Existing foundation located on higher ground near a paved road; FEMA Flood Map indicates the property is not in the flood zone
More about this property
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