Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Fayette County Cattle Farm Land Title is generated by Realmo AI

    830 MCKNIGHT Loop, Mason, TN 38049

    View on Map
    Claim this Listing
    For Sale
    $899,000

    LAND - Mason, TN

    Lot size:
    109.90 Acres
    Added:
    Apr 6, 2026
    Days on Market:
    54
    Last Refresh:
    May 29 at 10:06 pm

    Property Features for 830 MCKNIGHT Loop

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R1
    Standard status
    Active
    Lot size
    109.90 Acres

    We can help!

    Listing Contact
    Keith Morris
    Keith Morris

    Listing agent Keith Morris

    Listing office Morris and Morris 16945 Hwy 64, Somerville, TN

    Listing date Apr 6, 2026

    MLS# 10218780 Listing URL

    Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Multi‑generational rolling cattle farm in Fayette County.
    • Conveniently located minutes from US Hwy 70 and 10 minutes to Arlington.
    • Multiple potential building sites with existing wells and power.
    • Features a wooded pond and potential for additional ponds.
    • Beaver Creek frontage on the northeast corner.
    • Abundant wildlife for hunting or recreation.

    Overview

    This 109.9-acre multi-generational rolling cattle farm is located on the northwest side of Fayette County, Tennessee, minutes from US Hwy 70 and 10 minutes from Arlington. The property includes a brick home at the entrance, which is considered to have no value. There is also a mobile home on the east side that will be removed, but the sites have existing wells and power. The land features a wooded pond and potential sites for additional ponds. Beaver Creek runs across the northeast corner of the property. The area supports diverse wildlife suitable for hunting. An old barn is present but requires repairs. The property is zoned R1 and offers potential for building a secluded home or a prepper's lifestyle compound. The west property line adjoins the Shelby Fayette County line. The property is located in Mason, TN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Mason
    County
    Fayette
    State
    Tennessee
    Longitude
    -89.63035
    Latitude
    35.35909

    Nearby Similar for Sale

    • $440,000

      Scenic Acreage in Mason, TN

      20.04 acres of land with open space and timber.
      ANDREW Rd, Mason, TN 38049
      View Details
    • $432,000

      36.75 Acres Near Mason, TN

      36.75 acres of farmland and mature trees near Mason, TN.
      BOYLAND Way, Unincorporated, TN 38049
      View Details
    • $550,000
      1,716 SF

      Commercial Property in Mason, TN

      Strategically located commercial property with high visibility and versatile use.
      12088 Main Street, Mason, TN 38049
      View Details
    • $215,000

      Land in Serene Countryside

      Tranquil 10.04 acre lot near Mason and Blue Oval.
      ANDREW Rd, Mason, TN 38049
      View Details
    • $175,000

      7.3 Acre Lot For Sale

      7.3 acre lot, half open, half wooded, prime location.
      TRACT 7 ANDREW Rd, Unincorporated, TN 38049
      View Details
    • $3,890,000

      78.5 Acres Development Land

      78.5 acres of land for development near Ford plant.
      5500 CHARLESTON MASON Rd, Mason, TN 38049
      View Details
    • $140,000

      Prime Location 5.6 Acre Lot

      5.6 acre lot near new Ford plant in Tennessee.
      TRACT 5 ANDREW Rd, Unincorporated, TN 38049
      View Details
    • $175,000

      9-Acre Lot Near Ford Plant

      9-acre lot, half open, half wooded, prime location.
      TRACT 3 ANDREW Rd, Unincorporated, TN 38049
      View Details
    • $120,000

      5.3 Acre Lot Near Ford Plant

      5.3 acre lot, half open, half wooded, prime location.
      TRACT 1 ANDREW Rd, Unincorporated, TN 38049
      View Details
    • $160,000

      6-Acre Lot Near Ford Plant

      6-acre lot, half open, half wooded, prime location.
      TRACT 6 ANDREW Rd, Unincorporated, TN 38049
      View Details
    • $250,000

      Residential Land Near Ford Plant

      15.88 acre lot, half open, half wooded, prime location.
      TRACT 2 ANDREW Rd, Unincorporated, TN 38049
      View Details
    • $450,000

      33.37 Acres in Mason, TN

      33.37 acres suitable for agricultural or commercial development.
      MAIN St, Mason, TN 38049
      View Details

    FAQs

    What type of property is this?
    Farm - 109.9 acre Fayette County farm minutes from US Hwy 70.
    Where is this farm located?
    The property is located at 830 MCKNIGHT Loop Mason, TN.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: Multi‑generational rolling cattle farm in Fayette County.; Conveniently located minutes from US Hwy 70 and 10 minutes to Arlington.; Multiple potential building sites with existing wells and power.
    (901) 497-6997
    We can help!
    Listing Contact
    Keith Morris
    Keith Morris
    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

    Thank You for Inquiry
    830 MCKNIGHT Loop, Mason, TN 38049
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!