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    142 Joe Patterson Rd Rutherford, TN 38369

    For Sale
    $150,000

    12 Acres, Retail Space, Workshop

    Property size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 12.71-acre property in Gibson County, Tennessee, presents a unique investment opportunity. Located on 142 Joe Patterson Rd, Rutherford, TN 38369, this commercial land boasts 1,200 square feet of existing retail space. The property features gentle rolling pastures, ideal for a variety of uses, including a hobby farm or a country home. No building restrictions allow for diverse development options, from log homes to barndominiums. The land includes a 30 x 40 wired and insulated workshop with 10-foot ceilings, a half-bathroom, utility sink, and commode. Multiple ideal building sites are available. The property's convenient location offers proximity to Rutherford Elementary and Gibson County High School, while also being approximately 45 minutes from Jackson, TN, 30 minutes from Martin and Dyersburg, TN, and within a reasonable driving distance of Memphis and Nashville. This versatile property combines the tranquility of rural Tennessee with convenient access to nearby amenities and cities, making it an attractive proposition for both residential and commercial development. The asking price is $150,000.

    Property Features for 142 Joe Patterson Rd

    General Information

    Property type
    Land
    Square Feet
    1,200 SF
    Lot Size
    553,648 SF

    HighLights

    • 12+ acres of gently sloping pasture land.
    • 30' x 40' wired and insulated workshop with 10' ceilings.
    • Workshop includes a half bath and utility sink.
    • Multiple potential building sites.
    • Zoned for Rutherford Elementary and Gibson County High School.
    • Conveniently located ~45 minutes from Jackson, TN; ~30 minutes from Martin and Dyersburg, TN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pecan Shop Store

    Suggested Use

    Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rutherford
    County
    Gibson
    State
    Tennessee
    Longitude
    -88.9378323
    Latitude
    36.118405

    Nearby Comparable

    • $150,000
      12.71 Acres

      Tennessee Country Retreat

      12+ Acres, Workshop, Buildable
      142 Joe Patterson Rd, Rutherford, TN 38369
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    • $299,900
      37,000 SF

      Versatile Rutherford Commercial Redevelopment Opportunity

      5.57-acre commercial property suitable for redevelopment or multifamily use.
      N Trenton St, Rutherford, TN 38369
      View Details
    • Contact for pricing

      Prime Rutherford TN Land Investment

      Rare Commercial/Residential Land Opportunity
      321 Main St, Rutherford, TN 38369
      View Details

    Nearby Similar for Sale

    • $299,900
      37,000 SF

      Versatile Rutherford Commercial Redevelopment Opportunity

      5.57-acre commercial property suitable for redevelopment or multifamily use.
      N Trenton St, Rutherford, TN 38369
      View Details

    FAQs

    What type of property is this?
    Land - 12 Acres, Retail Space, Workshop
    Where is this land located?
    The property is located at 142 Joe Patterson Rd Rutherford, TN.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: 12+ acres of gently sloping pasture land.; 30' x 40' wired and insulated workshop with 10' ceilings.; Workshop includes a half bath and utility sink.
    Request Owner's contact information
    142 Joe Patterson Rd Rutherford, TN 38369
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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
    142 Joe Patterson Rd Rutherford, TN 38369
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