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    Fincastle Dr LaFollette, TN 37766

    Sponsored
    For Sale
    $59,900

    1.58 Acres, Level Lot, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.58-acre commercial land parcel presents a unique investment opportunity in LaFollette, Tennessee. Located at 0 Fincastle Drive, this property boasts a desirable location within a well-established subdivision just outside the city limits, offering a blend of tranquility and convenient access to major roadways. The land is entirely level, simplifying development and construction planning. Its proximity to Highway 63 and Interstate 40 ensures excellent connectivity, facilitating easy commutes and transportation of goods and services. The surrounding area features attractive homes, creating a positive and established neighborhood. The property's strategic location offers easy access to Lincoln Memorial University (LMU), while also being approximately an hour's drive from Knoxville, Tennessee, providing access to a wider range of employment opportunities and medical facilities. This makes it ideal for a variety of commercial ventures, from retail spaces to light industrial uses. The asking price is $59,900, representing a compelling value for this ready-to-develop commercial land in a thriving area. The property is situated in Campbell County, Tennessee, with a zip code of 37766. Buyers are encouraged to bring their building plans and envision the possibilities this exceptional location offers. Mountain views add to the property's aesthetic appeal.

    Property Features for 0 Fincastle Dr

    General Information

    Property type
    Land
    Lot Size
    68,825 SF

    HighLights

    • Middlesboro, KY land for sale.
    • Enjoy stunning mountain views.
    • Build your dream home on this available lot.
    • Conveniently located near Lincoln Memorial University (LMU).
    • Close proximity to Knoxville & Lafollette, TN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    LaFollette
    County
    Campbell
    State
    Tennessee
    Longitude
    -84.0515039
    Latitude
    36.4119439

    Nearby Similar for Sale

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    • $3,000,000
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      LaFollette Multi-Use Complex

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      1830 Old Jacksboro Hwy, LaFollette, TN 37766
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    • $979,500
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      Historic Downtown La Follette Gem

      Mixed-use building, 14,916 sq ft, vacant.
      101 Central Ave, LaFollette, TN 37766
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    FAQs

    What type of property is this?
    Land - 1.58 Acres, Level Lot, Prime Location
    Where is this land located?
    The property is located at Fincastle Dr LaFollette, TN.
    What is the asking price?
    The asking price for this property is $59,900.
    What are key features of this property?
    This property features: Middlesboro, KY land for sale.; Enjoy stunning mountain views.; Build your dream home on this available lot.
    Request Owner's contact information
    Fincastle Dr LaFollette, TN 37766
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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
    Fincastle Dr LaFollette, TN 37766
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