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    536 Martin Chapel Rd Portland, TN 37148

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    For Sale
    $199,900

    5 acre tract with creek, utilities, and convenient location.

    Property Features for 536 Martin Chapel Rd

    General Information

    Standard status
    Active

    Source: WHITE HOUSE REALTORS Agent DANNY R. GUILL

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

    Overview

    5 Acre Homestead Ready Tract

    This 5-acre tract offers a location suitable for a homestead or a private dream home. The property includes a creek and is situated on quiet residential streets, while also being conveniently located near grocery stores, I-65, and other amenities. It offers country living with convenient access to necessities. The property is located 13 minutes from Franklin, KY, 14 minutes from Portland, TN, and 19 minutes from I-65. It features 400 ft of underground electric, a water tap with a 400 ft water line, and a 400 ft gravel drive with fabric underneath. A septic soil area is mapped for a 4-bedroom system. There is a level spot suitable for a barndominium with a minimum of 1100 sq ft. The property also includes a fence and gate at the drive. Cumberland Connect high-speed internet is available. $28,000 has been spent on the installation of electric, water, and the drive.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Cosmetics Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Sumner
    State
    Tennessee
    Longitude
    -86.45502
    Latitude
    36.637863

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    FAQs

    What type of property is this?
    Land - 5 acre tract with creek, utilities, and convenient location.
    Where is this land located?
    The property is located at 536 Martin Chapel Rd Portland, TN.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - 5 acre private tract with creek, ideal for homesteading or building a dream home.; - Essential utilities already installed: underground electric, water tap with water line, and gravel driveway.; - Septic soil area mapped for a 4-bedroom system, saving time and expense.
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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
    536 Martin Chapel Rd Portland, TN 37148
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