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    16 Oakfield Dr Martin, TN 38237

    For Sale
    Contact for pricing

    Spacious residential lot, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 44,866.8 square foot residential lot is situated in Martin, Tennessee, offering a fantastic opportunity for building your dream home. Located on Oakfield Drive in Weakley County, this property boasts ample space for a substantial residence and landscaping, providing privacy and tranquility. The lot's address is Lot 16 Oakfield Drive, Martin, TN 38237. Its convenient location within the city of Martin offers easy access to local amenities, schools, and services. The asking price for this remarkable property is $20,000, representing exceptional value for a lot of this size in this desirable area. With its generous square footage and prime location, this lot presents a rare opportunity for those seeking to build in a peaceful yet accessible setting. The geographic coordinates are 36.3793097 latitude and -88.8592708 longitude. This is a truly remarkable opportunity to acquire a substantial piece of land in a thriving Tennessee community. Don't miss out on this chance to build your future in this idyllic setting. Serious inquiries only.

    Property Features for 16 Oakfield Dr

    General Information

    Property type
    Land

    HighLights

    • 44,866.8 sq ft residential lot in Martin, TN.
    • Located on Lot 16 Oakfield Drive, Martin, TN 38237.
    • Convenient access to local amenities, schools, and services.
    • Asking price: $20,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Auto Repair Shop Gym & Fitness HVAC Service Storage Facility Car Rental Veterinary Clinic Pet Store Nursing Home Pet Supply Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Martin
    County
    Weakley
    State
    Tennessee
    Longitude
    -88.8592708
    Latitude
    36.3793097

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    FAQs

    What type of property is this?
    Land - Spacious residential lot, excellent location.
    Where is this land located?
    The property is located at 16 Oakfield Dr Martin, TN.
    What is the asking price?
    The asking price for this property is $20,000.
    What are key features of this property?
    This property features: 44,866.8 sq ft residential lot in Martin, TN.; Located on Lot 16 Oakfield Drive, Martin, TN 38237.; Convenient access to local amenities, schools, and services.
    Request Owner's contact information
    16 Oakfield Dr Martin, TN 38237
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    Martin, TN 38237
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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
    16 Oakfield Dr Martin, TN 38237
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