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    68 Bassham Rd Five Points, TN 38457

    For Sale
    $499,900

    Prime farmland, ready for your vision.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This 52.39-acre Tennessee farm in Five Points, Lawrence County (zip code 38457), presents a unique opportunity for country living or agricultural pursuits. The property boasts 35 acres of pastureland, meticulously divided by perimeter and cross fencing, ideal for livestock grazing. A pleasing mix of open fields and mature oak and hickory hardwoods provides a picturesque setting. Abundant wildlife, including whitetail deer, squirrels, and turkeys, call this land home. A natural spring and a scenic rock-bottom creek enhance the property's appeal. A metal building, converted into a barn, features electricity, two stalls, and two storage/tack rooms on either side. The property includes a block foundation, access to public water, and a spring water source, making it suitable for building a new home. A pre-existing tiny home offers immediate living space, potentially serving as a guest house or mother-in-law suite in the future. Low property taxes and unrestricted use add to the appeal. This versatile land is perfect for creating a private retreat, establishing a farm, or enjoying recreational activities. The property is located at 68 Bassham Rd.

    Property Features for 68 Bassham Rd

    General Information

    Property type
    Farms
    Lot Size
    2,282,108 SF

    HighLights

    • 10 acres of land available for purchase.
    • Enjoy a peaceful country setting.
    • Property features a scenic creek.
    • Excellent hunting opportunities for whitetail deer and turkey.
    • No deed restrictions.
    • Low property tax rates.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Five Points
    County
    Lawrence
    State
    Tennessee
    Longitude
    -87.2817272
    Latitude
    35.0305153

    Nearby Comparable

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      28 Acres Farm in Lexington, AL

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    • $195,500
      14.72 Acres

      Farm Land with Road Frontage

      14.72 acre farm with open land and wooded areas.
      01 Teddy White Rd, Lexington, AL 35648
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    • $270,000

      Land for Mini Farm

      Land suitable for farming, horses, cattle, gardening, hunting.
      27185 B Un Hl Rd, Anderson, AL 35610
      View Details

    FAQs

    What type of property is this?
    Farm - Prime farmland, ready for your vision.
    Where is this farm located?
    The property is located at 68 Bassham Rd Five Points, TN.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: 10 acres of land available for purchase.; Enjoy a peaceful country setting.; Property features a scenic creek.
    Request Owner's contact information
    68 Bassham Rd Five Points, TN 38457
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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
    68 Bassham Rd Five Points, TN 38457
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