Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    694 Napier Rd Hohenwald, TN 38462

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $637,234

    27.2 acre property with Buffalo River frontage.

    Type:Land or Vacant Lot
    Lot size:
    28.20 Acres
    Added:
    Feb 25, 2026
    Days on Market:
    55
    Last Refresh:
    Apr 5 at 9:51 pm

    Property Features for 694 Napier Rd

    General Information

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

    We can help!

    Listing Contact
    VICKIE TURNBOW
    VICKIE TURNBOW

    Listing agent VICKIE TURNBOW

    Listing office UNITED COUNTRY - COLUMBIA REALTY & AUCTION

    Listing date Feb 25, 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 UNITED COUNTRY - COLUMBIA REALTY & AUCTION

    Overview

    27.2 Acres Buffalo River Frontage

    This 27.2-acre property features Buffalo River frontage, offering privacy and recreational opportunities. It presents a building site suitable for a home or weekend retreat. The property allows for canoeing and kayaking, and it provides abundant wildlife and hunting opportunities. It is located near the Natchez Trace Parkway, one hour from Kentucky Lake (Tennessee River), one hour from Florence, AL, one and a half hours from Nashville, and ten minutes from Hohenwald, TN, which offers local restaurants and shops.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Hohenwald
    County
    Lewis
    State
    Tennessee
    Longitude
    -87.4682
    Latitude
    35.4642

    Nearby Similar for Sale

    • $404,900
      2,650 SF

      Brick Building with Paved Parking

      2650 SF brick building with ample parking on 0.63 acres.
      121 Joe Ave, Hohenwald, TN 38462
      View Details
    • $300,000
      1,173 SF

      Freestanding Commercial Building with Drive-Thru

      Commercial building with drive-thru on 0.37 acres in Hohenwald.
      435 East Main Street, Hohenwald, TN 38462
      View Details
    • $600,000
      3,000 SF

      Established Restaurant Property For Sale

      Historic restaurant in Hohenwald, TN, turnkey opportunity.
      101 N Park St, Hohenwald, TN 38462
      View Details
    • $155,000

      Land with Cabin and Barn

      6.85 acres with cabin, barn, and outbuildings.
      339 BLAND HOLLOW RD, Hohenwald, TN 38462
      View Details
    • $399,000
      1,886 SF

      Established Business Building For Sale

      Established flower and gift shop business with prime location.
      11 W Main St, Hohenwald, TN 38462
      View Details
    • $350,000
      936 SF

      Convenience Market on Buffalo Road

      Convenience market with gas pumps on 0.7 acres.
      2316 Buffalo Rd, Hohenwald, TN 38462
      View Details
    • $415,000
      4,677 SF

      Two Adjoining Commercial Buildings

      Two adjoining commercial buildings with high visibility on a corner lot.
      39 East Main Street, Hohenwald, TN 38462
      View Details
    • $325,000
      4,677 SF

      Two Adjoining Commercial Buildings

      Two buildings with high visibility, ideal for retail or office.
      39 E Main St, Hohenwald, TN 38462
      View Details
    • $330,000

      Renovated Commercial Property in Hohenwald

      Fully renovated commercial property in downtown Hohenwald, move-in ready.
      117 N Park St, Hohenwald, TN, 38462-1426
      View Details
    • $54,995

      Commercial Land Ready For Development

      Two commercial lots available, city utilities, road frontage.
      0B Roney Ave, Hohenwald, TN 38462
      View Details
    • $120,000

      Prime Commercial Lot For Sale

      1.03 acre commercial lot in thriving business district.
      115 Webb Ave, Hohenwald, TN 38462
      View Details
    • $400,000
      2,300 SF

      Turnkey Feed and Farm Supply

      Established feed and farm supply business with real estate included.
      106 Cotham St, Hohenwald, TN 38462
      View Details

    FAQs

    What type of property is this?
    Recreation land - 27.2 acre property with Buffalo River frontage.
    Where is this recreation land located?
    The property is located at 694 Napier Rd Hohenwald, TN.
    What is the asking price?
    The asking price for this property is $637,234.
    What are key features of this property?
    This property features: Pristine Buffalo River frontage; 27.2 acre property offering privacy; Ideal building site for a home or retreat
    (931) 388-3600
    We can help!
    Listing Contact
    VICKIE TURNBOW
    VICKIE TURNBOW
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!