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    Historic Pinewood Farm Legacy Property Title is generated by Realmo AI

    6415 Pinewood Rd, Nunnelly, TN 37137

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    For Sale
    $11,495,000

    Extraordinary 582-acre century farm with diverse recreational and agricultural opportunities.

    Type:Land or Vacant Lot
    Lot size:
    582.00 Acres
    Added:
    Feb 19, 2026
    Days on Market:
    105
    Last Refresh:
    Apr 5 at 9:26 pm

    Property Features for 6415 Pinewood Rd

    General Information

    Standard status
    Active
    Lot size
    582.00 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    TOM SULLIVAN

    Listing agent TOM SULLIVAN

    Listing office COVEY RISE PROPERTIES LLC

    Listing date Feb 19, 2026

    Source Corcoran

    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 COVEY RISE PROPERTIES LLC

    HighLights

    • 1. 582± acre century farm with 1.5 miles of Piney River frontage and one mile along Big Spring Creek and Little Spring Creek, including an 8‑foot‑deep natural swimming hole.
    • One hour from Nashville, offering a blend of history, natural beauty, recreation, and modern infrastructure.
    • Diverse terrain suitable for residential, agricultural, and recreational use, including hunting, fishing, hiking, horseback riding, and ATV use.
    • Historic farmhouse (5 bedrooms, 2.5 baths) and a charming 2‑bedroom, 1‑bath guest cottage.
    • Party barn designed for entertaining, featuring a stage, kitchen, and indoor/outdoor gathering spaces.
    • Equipped with well water, septic, city water access, 3‑phase electric, and fiber internet; enrolled in Greenbelt tax status.

    Overview

    Pinewood Farm, established in 1850, is a 582-acre century farm located one hour from Nashville. The property offers a blend of history, natural beauty, recreation, and modern infrastructure. Formerly a cattle operation with over 400 head, the property now presents an ideal balance of rolling open pastures, mature hardwood forests, and diverse terrain that supports residential, agricultural and recreational pursuits. An extensive network of trails winds through the hardwoods and creek bottoms, ideal for hiking, horseback riding, ATV use, and wildlife viewing. The property offers deer and turkey hunting, with a mix of ridges, fields, and wooded cover creating prime habitat and multiple stand locations. Water features include approximately one mile along Big Spring Creek and Little Spring Creek, highlighted by an 8-foot-deep natural swimming hole. These creeks and the 1.5 mile frontage on the Piney River provide opportunities for kayaking and fishing, while also serving as natural travel corridors for wildlife. Five ponds scattered across the farm offer fishing, peaceful settings for relaxation, and additional water sources for livestock and wildlife. A fruit orchard further enhances the land’s character and utility. Multiple elevated hilltop homesites provide panoramic views and opportunities for future estate homes or a family compound. The historic farmhouse offers 5 bedrooms and 2.5 baths and is complemented by a 2-bedroom, 1-bath guest cottage. Designed for entertaining, the party barn features a stage, kitchen, and both indoor and outdoor gathering spaces. Pinewood Farm is equipped with well water, septic, city water access, 3-phase electric, and fiber internet. The property is enrolled in Greenbelt tax status.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant HVAC Service Bed & Breakfast Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Nunnelly
    County
    Hickman
    State
    Tennessee
    Longitude
    -87.46
    Latitude
    35.9158

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    FAQs

    What type of property is this?
    Farm - Extraordinary 582-acre century farm with diverse recreational and agricultural opportunities.
    Where is this farm located?
    The property is located at 6415 Pinewood Rd Nunnelly, TN.
    What is the asking price?
    The asking price for this property is $11,495,000.
    What are key features of this property?
    This property features: 1. 582± acre century farm with 1.5 miles of Piney River frontage and one mile along Big Spring Creek and Little Spring Creek, including an **8‑foot‑deep natural swimming hole**.; One hour from Nashville, offering a blend of history, natural beauty, recreation, and modern infrastructure.; Diverse terrain suitable for residential, agricultural, and recreational use, including hunting, fishing, hiking, horseback riding, and ATV use.
    (615) 709-6050
    We can help!
    Listing Contact
    TOM SULLIVAN
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    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.

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