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    000 Old Samburg Rd Hornbeak, TN 38232

    For Sale
    $75,000

    Tennessee farmland near Reelfoot Lake. Buildable, wooded, & tranquil.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 7.72-acre farm, located at 000 Old Samburg Rd, Hornbeak, TN 38232, presents a unique opportunity for those seeking a peaceful rural retreat or development project. The property encompasses 336,283.2 square feet of land in Obion County, offering a blend of buildable terrain, mature trees providing shade and privacy, and open spaces ideal for various uses. Its idyllic setting is just a five-minute drive from the picturesque Reelfoot Lake, providing easy access to a wealth of recreational activities, including fishing and bird watching. The property's combination of wooded areas and open spaces allows for diverse development possibilities, catering to a range of interests and visions. This is a chance to own a piece of tranquil Tennessee countryside, offering both serenity and proximity to outdoor recreation. The asking price for this remarkable property is $75,000.

    Property Features for 000 Old Samburg Rd

    General Information

    Property type
    Farms

    HighLights

    • $75,000 asking price
    • 7.72‑acre farm in Hornbeak, TN
    • 336,283.2 square foot lot
    • Five‑minute drive to Reelfoot Lake
    • Buildable land with mature trees and open areas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Hotel & Motel Travel Agency Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Hornbeak
    County
    Obion
    State
    Tennessee
    Longitude
    -89.3234002
    Latitude
    36.3914433

    Nearby Comparable

    • $239,000
      38.80 Acres

      38-Acre Farm Near Reelfoot Lake

      38-acre farm with pasture, woods, and peach orchard near Reelfoot Lake.
      4211 Old Samburg Rd, Hornbeak, TN 38232
      View Details
    • $219,500
      66.76 Acres

      66.76 Acres Near Reelfoot Lake

      Hunting and recreational land near Reelfoot Lake in Northwest Tennessee.
      Dean Hill Rd, Hornbeak, TN 38232
      View Details
    • $2,500,000
      19,977 SF

      Hornbeak Resort with Multiple Structures

      Resort property featuring motel, house, duplexes, trailers, RV hookups, warehouses.
      256 W Lakeview Dr, Hornbeak, TN 38232
      View Details
    • $809,900
      180.00 Acres

      Versatile 180-Acre Land in Troy, TN

      Income-producing farm, hunting property, or country estate opportunity.
      3232 Shawtown Rd, Troy, TN 38260
      View Details

    Nearby Similar for Sale

    • $239,000
      38.80 Acres

      38-Acre Farm Near Reelfoot Lake

      38-acre farm with pasture, woods, and peach orchard near Reelfoot Lake.
      4211 Old Samburg Rd, Hornbeak, TN 38232
      View Details
    • $2,500,000
      19,977 SF

      Hornbeak Resort with Multiple Structures

      Resort property featuring motel, house, duplexes, trailers, RV hookups, warehouses.
      256 W Lakeview Dr, Hornbeak, TN 38232
      View Details

    FAQs

    What type of property is this?
    Farm - Tennessee farmland near Reelfoot Lake. Buildable, wooded, & tranquil.
    Where is this farm located?
    The property is located at 000 Old Samburg Rd Hornbeak, TN.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: $75,000 asking price; 7.72-acre farm in Hornbeak, TN; 336,283.2 square foot lot
    Request Owner's contact information
    000 Old Samburg Rd Hornbeak, TN 38232
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    Hornbeak, TN 38232
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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
    000 Old Samburg Rd Hornbeak, TN 38232
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