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    546 Morgan Creek Rd Sugar Tree, TN 38380

    Sponsored
    For Sale
    $69,999

    Prime TN land, multifamily potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 23,522.4 square foot property located at 546 N Morgan Creek Road in Sugar Tree, Tennessee, presents a unique investment opportunity. Situated in Decatur County, zip code 38380 (latitude 35.8396919, longitude -88.0203133), this mixed-use land offers versatility for various development projects. Currently classified as farm, apartment building, and residential land, the property's zoning allows for multiple uses, including residential, multifamily, and potentially recreational purposes. The substantial lot size provides ample space for a variety of development scenarios, from expanding an existing residential structure to constructing new multifamily units. The asking price is $69,999. Given its size and location, this property represents a compelling opportunity for investors seeking a multi-faceted investment in a desirable Tennessee location. The property's classification as a duplex/triplex/quadruplex further highlights its potential for rental income generation. Serious inquiries are encouraged to explore the full potential of this unique land parcel. Further due diligence is recommended to confirm zoning regulations and development possibilities.

    Property Features for 546 Morgan Creek Rd

    General Information

    Property type
    Multifamily properties

    HighLights

    • $69,999 asking price.
    • Mixed‑use property encompassing land, multifamily, and special purpose designations.
    • 23,522.4 sq ft lot size.
    • Located at 546 N Morgan Creek Road, Sugar Tree, TN 38380.
    • Property includes farm, apartment building, and residential components.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Ducks Nest Homestead Housing Development

    Map

    City
    Sugar Tree
    County
    Decatur
    State
    Tennessee
    Longitude
    -88.0203133
    Latitude
    35.8396919

    Nearby Comparable

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      417 Sugar Tree School Rd, Sugar Tree, TN 38380
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    • New
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      477 Acres of Tennessee Wilderness

      Pristine land for hunting, recreation, and off-grid living.
      69 & Hog Crk Rd, Sugar Tree, TN 38380
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    • $1,300,000
      7.30 Acres

      Holladay TN Opportunity Zone Land

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    • $3,518,750

      I-40 Commercial Land, Holladay, TN

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    FAQs

    What type of property is this?
    Multifamily property - Prime TN land, multifamily potential.
    Where is this multifamily property located?
    The property is located at 546 Morgan Creek Rd Sugar Tree, TN.
    What is the asking price?
    The asking price for this property is $69,999.
    What are key features of this property?
    This property features: $69,999 asking price.; Mixed-use property encompassing land, multifamily, and special purpose designations.; 23,522.4 sq ft lot size.
    Request Owner's contact information
    546 Morgan Creek Rd Sugar Tree, TN 38380
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    Sugar Tree, TN 38380
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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
    546 Morgan Creek Rd Sugar Tree, TN 38380
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