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    6 Corn Hollow Rd Newport, TN 37821

    Sponsored
    For Sale
    $99,000

    5 Acres, Douglas Lake Frontage, Unrestricted

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5-acre commercial land parcel in Newport, Tennessee (APN 074.03), presents a unique investment opportunity. Located at Lot 6 Corn Hollow Road, 37821, this unrestricted property boasts over 200 feet of private river frontage directly on Douglas Lake. Its prime location offers unparalleled recreational potential, ideal for hunting and fishing enthusiasts. The land is largely untouched, providing a blank canvas for various development possibilities. The asking price is $99,000, translating to $19,800 per acre. This represents a compelling value for a property of this size and location with such desirable features. Note that adjacent Lot 7 is also available for purchase. All property information has been obtained from tax records and should be independently verified by prospective buyers. The property's latitude and longitude coordinates are 36.0989506, -83.2189876 respectively. This is a rare chance to acquire a substantial riverfront property in a sought-after Tennessee location. Don't miss this opportunity to secure this prime piece of real estate.

    Property Features for 6 Corn Hollow Rd

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • 5+ acres of unrestricted commercial land.
    • Over 200 ft of private Douglas Lake frontage.
    • Excellent for hunting, fishing, and recreation.
    • Adjacent Lot 7 also for sale.
    • Buyer/agent verification of tax records recommended.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newport
    County
    Cocke
    State
    Tennessee
    Longitude
    -83.2189876
    Latitude
    36.0989506

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    FAQs

    What type of property is this?
    Land - 5 Acres, Douglas Lake Frontage, Unrestricted
    Where is this land located?
    The property is located at 6 Corn Hollow Rd Newport, TN.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: 5+ acres of unrestricted commercial land.; Over 200 ft of private Douglas Lake frontage.; Excellent for hunting, fishing, and recreation.
    (865) 440-9709
    Request Owner's contact information
    6 Corn Hollow Rd Newport, TN 37821
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    Newport, TN 37821
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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
    6 Corn Hollow Rd Newport, TN 37821
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