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    7139 Kingston Rd Fairview, TN 37062

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    For Sale
    $2,555,000

    Historic homestead on 47 acres, perfect for equestrian lifestyle.

    Lot size:
    46.48 Acres

    Property Features for 7139 Kingston Rd

    General Information

    Standard status
    Active
    Lot size
    46.48 Acres

    We can help!

    Listing Contact
    William Butler Cooper
    Source: Corcoran

    Listing Agency: WILLIAM BUTLER COOPER DBA COOPER INVESTMENTS Listing Agent: William Butler Cooper

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

    Learn more

    Overview

    Historic Tennessee Homestead on Pristine Acres

    This historic Tennessee chestnut log cabin Homestead, dating back to approximately 1797, is situated on 47 acres in Williamson County. The property is described as a private paradise suitable for an equestrian lifestyle, regenerative farming, an eco-resort, or creative living. Located approximately 25 minutes from downtown Nashville, the property offers opportunities for development and monetization. It was voted the #1 Hipcamp.com glamping site in Tennessee in 2025. The property has been featured in music videos and on HGTV, gaining international attention. It is considered an inspirational location with investment and portfolio building opportunities for future equity growth and can be subdivided into three separate lots for further development. The organic equestrian farm is surrounded by three creeks, featuring a blend of hardwood forest, tillable garden, orchard, and pasture for livestock. The farm's location on a small plateau provides views, sunsets, and night skies. Water sources include a spring house protecting a cool water spring, a well, creeks, and a small pond. The property has been developed as a family compound with RV hook-ups. Amenities include a barn, chicken coop, duck and goose run with water, a pole barn, fenced pasture, and several fenced paddocks. The land, house, buildings, greenhouse, creeks, and trees create a rolling hill farm. The farm has been involved with the farm-to-table movement, utilizing farmer's markets in Nashville and Franklin.
    Location Intelligence

    Current Use by Public Records

    Sacred Dog Ranch ... Vacation Rental

    Suggested Use

    Restaurant Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Kitchen & Bath Showroom Storage Facility Discount Store Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairview
    County
    Williamson
    State
    Tennessee
    Longitude
    -87.1558078
    Latitude
    36.0262224

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    FAQs

    What type of property is this?
    Farm - Historic homestead on 47 acres, perfect for equestrian lifestyle.
    Where is this farm located?
    The property is located at 7139 Kingston Rd Fairview, TN.
    What is the asking price?
    The asking price for this property is $2,555,000.
    What are key features of this property?
    This property features: - Historic 1797 Tennessee chestnut log cabin on 47 pristine acres in Williamson County.; - Ideal for equestrian lifestyle, regenerative farming, or eco-resort development.; - Organic equestrian farm with three creeks, hardwood forest, tillable garden, orchard, pasture, spring house, well, and small pond.
    (615) 427-1146
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    7139 Kingston Rd Fairview, TN 37062
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    Fairview, TN 37062
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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.

    More about this property
    7139 Kingston Rd Fairview, TN 37062
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    Listing Contact
    William Butler Cooper
    (615) 427-1146
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