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    Property profile & analytics

    191 Halliburton St Trenton, TN 38382

    • Residential income homes
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-1727915
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 191 Halliburton St

    Property type
    Residential income homes
    Property subtype
    Small apartment buildings

    Description

    This exceptional 70-acre property, located at 191 Halliburton Street in Gibson County, Tennessee, presents a unique investment opportunity. Boasting 3,049,200 square feet of land, it currently serves as a working farm, with 30 acres dedicated to row crops and the remaining acreage comprised of timber and woods suitable for hunting. The property's strategic location offers significant development potential. Situated on the corner of US Highway 45 and TN Highway 54, it benefits from approximately 1830 feet of highway frontage, ensuring high visibility and accessibility. The site is ideally suited for a variety of commercial ventures, including a gas station, convenience store, or multi-family residential development. All essential utilities are readily available, including sewer, water, telephone, electricity, and natural gas. Furthermore, its proximity to the new Tyson Plant, just 8 miles away, adds to its appeal and potential for future growth. The asking price for this versatile property is $450,000. This presents a rare chance to acquire a substantial land parcel with significant development potential in a rapidly growing area. Don't miss this opportunity to capitalize on the unique combination of agricultural use and prime commercial development potential.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Gibson
    State
    Tennessee
    Longitude
    -88.935227
    Latitude
    36.001876

    Comparable in this City

    • Contact for pricing

      Prime Trenton TN Land Opportunity

      Country Living, 54K SF Lot, Build Ready
      444 Charlie Lewis Rd, Trenton, TN 38382
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    • $58,900

      Prime Trenton TN Land Investment

      135K SF Country Estate, $58,900
      555 Charlie Lewis Rd, Trenton, TN 38382
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    • $76,950

      Prime Trenton TN Land Investment

      174,240 SF Country Property
      888 Charlie Lewis Rd, Trenton, TN 38382
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      Prime Trenton TN Land - Farm Potential

      49,222 sq ft country acreage, buildable lot.
      333 Charlie Lewis Rd, Trenton, TN 38382
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    • $600,000

      Trenton, TN Commercial Land

      Prime 2.8-acre lot, ideal for commercial development.
      1 Hwy 45 Byp, Trenton, TN 38382
      View Details
    • Contact for pricing
      1.13 Acres

      Prime Trenton TN Land - 1.13 Acres

      Country living near Trenton, TN. Ready for your dream home!
      333 Charlie Lewis Rd, Trenton, TN 38382
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    Similar Nearby for Sale

    • Contact for pricing

      Prime Trenton TN Land Opportunity

      Country Living, 54K SF Lot, Build Ready
      444 Charlie Lewis Rd, Trenton, TN 38382
      View Details
    • $58,900

      Prime Trenton TN Land Investment

      135K SF Country Estate, $58,900
      555 Charlie Lewis Rd, Trenton, TN 38382
      View Details
    • $76,950

      Prime Trenton TN Land Investment

      174,240 SF Country Property
      888 Charlie Lewis Rd, Trenton, TN 38382
      View Details
    • Contact for pricing

      Prime Trenton TN Land - Farm Potential

      49,222 sq ft country acreage, buildable lot.
      333 Charlie Lewis Rd, Trenton, TN 38382
      View Details
    • $600,000

      Trenton, TN Commercial Land

      Prime 2.8-acre lot, ideal for commercial development.
      1 Hwy 45 Byp, Trenton, TN 38382
      View Details
    • $1,500,000
      90.00 Acres

      Trenton, TN Hunting and Cropland

      Exceptional hunting property near Tigrett WMA and North Forked Deer River.
      201 Old St. Rte 104, Trenton, TN 38382
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    Trenton, TN 38382
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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
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