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    48 Berlin Dr Parsons, TN 38363

    For Sale
    Contact for pricing

    32,670 sq ft Residential Lot in Parsons, TN

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 32,670 square foot residential lot, located at LOT 48 BERLIN Drive in Parsons, Tennessee, presents a unique opportunity for development. Situated in Decatur County, this wooded parcel offers a tranquil setting with the added benefit of unrestricted building potential. Its convenient proximity to the Tennessee River adds significant recreational appeal. The asking price for this expansive lot is $25,500. The property's address is clearly identified as LOT 48 BERLIN Drive, Parsons, TN 38363. Buyers will find this location easily accessible, given its established address and readily available geographic coordinates (latitude 35.7305512, longitude -88.073609). The absence of restrictive covenants allows for a wide range of building possibilities, making it ideal for those seeking flexibility in their construction plans. This lot is classified as residential land, providing a solid foundation for a new home or other residential structure. The significant size of the lot (32,670 square feet) offers ample space for landscaping, outdoor activities, and potential expansion. The wooded nature of the property provides a degree of privacy and natural beauty. This is a rare opportunity to acquire a sizable, unrestricted building lot in a desirable location near the Tennessee River. Serious inquiries are encouraged.

    Property Features for 48 Berlin Dr

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Bar & Pub Italian Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Parsons
    County
    Decatur
    State
    Tennessee
    Longitude
    -88.073609
    Latitude
    35.7305512

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    FAQs

    What type of property is this?
    Land - 32,670 sq ft Residential Lot in Parsons, TN
    Where is this land located?
    The property is located at 48 Berlin Dr Parsons, TN.
    What is the asking price?
    The asking price for this property is $25,500.
    (877) 375-6589
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    48 Berlin Dr Parsons, TN 38363
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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
    48 Berlin Dr Parsons, TN 38363
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