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    167 Hermitage Cir Bumpus Mills, TN 37028

    For Sale
    Contact for pricing

    Private 0.39-acre lot, great weekend retreat.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 0.39-acre wooded lot presents a unique opportunity for those seeking a tranquil escape in Bumpus Mills, Tennessee. Located at 167 Hermitage Circle, this property offers a private setting ideal for a weekend retreat or recreational use. Electricity is conveniently available at the roadside, simplifying potential development plans. The lot's secluded nature provides a peaceful atmosphere, perfect for those seeking respite from city life. Enjoy the convenience of nearby boat ramps at the Bumpus Mills marina, opening up opportunities for water-based activities. An annual HOA fee of $50 covers community maintenance. Camping and RVs are permitted, adding to the property's versatility. Please review the associated restrictions for detailed information regarding permitted uses and guidelines. The asking price for this idyllic piece of land is $15,000. This property is zoned for residential use and is located in Stewart County, Tennessee, zip code 37028. The coordinates are 36.6334791 latitude and -87.8779402 longitude. Don't miss this chance to own a slice of peaceful Tennessee countryside.

    Property Features for 167 Hermitage Cir

    General Information

    Property type
    Land

    HighLights

    • $15,000 asking price for a residential land parcel.
    • 0.39‑acre wooded lot located at 167 Hermitage Cir, Bumpus Mills, TN 37028.
    • Electricity available at the road; private setting.
    • Access to nearby boat ramps at Bumpus Mills marina.
    • $50 annual HOA fee; camping and RVs permitted (see restrictions).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Bumpus Mills
    County
    Stewart
    State
    Tennessee
    Longitude
    -87.8779402
    Latitude
    36.6334791

    Nearby Comparable

    • Contact for pricing

      Wooded Lot in Bumpus Mills, TN

      Private 0.34-acre lot, great retreat!
      166 Hermitage Cir, Bumpus Mills, TN 37028
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    • $439,000
      36.00 Acres

      Cadiz, KY Hobby Farm

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    FAQs

    What type of property is this?
    Land - Private 0.39-acre lot, great weekend retreat.
    Where is this land located?
    The property is located at 167 Hermitage Cir Bumpus Mills, TN.
    What is the asking price?
    The asking price for this property is $15,000.
    What are key features of this property?
    This property features: $15,000 asking price for a residential land parcel.; 0.39-acre wooded lot located at 167 Hermitage Cir, Bumpus Mills, TN 37028.; Electricity available at the road; private setting.
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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
    167 Hermitage Cir Bumpus Mills, TN 37028
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