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    Tn 6.99 Whitwell, TN 37397

    For Sale
    $314,500

    6.99 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 6.99-acre commercial land parcel presents a remarkable investment opportunity in Whitwell, Tennessee. Located on Highway 28, a key north-south corridor in the Sequatchie Valley, this property enjoys excellent visibility and accessibility. The A1 zoning allows for a variety of development options, making it ideal for entrepreneurs and investors seeking to capitalize on the area's growth potential. The land, previously used for pasture and crop land, is currently undeveloped, offering a clean slate for future projects. Its strategic location offers convenient access to I-24 (within 10 minutes), and proximity to a business district with commercial, industrial, and service facilities. The property benefits from generations of family ownership, ensuring a clear and straightforward transaction. The asking price is $314,500, with a price per acre ranging from $25,000 to $45,000. This prime location, coupled with its versatile zoning and convenient access to major transportation routes, makes this a truly exceptional investment opportunity in a thriving area. The property is situated in Marion County, Tennessee, with a zip code of 37397, and is just minutes from Jasper, Monteagle, and Winchester. A virtual tour is available for a closer look.

    Property Features for 0 Tn 6.99

    General Information

    Property type
    Land
    Lot Size
    304,484 SF

    HighLights

    • 6.99‑acre commercial land parcel in Whitwell, TN.
    • Located on Highway 28 with excellent visibility and accessibility.
    • A1 zoning allows for diverse development options.
    • Undeveloped land, previously used for pasture and crops.
    • Convenient access to I‑24 (within 10 minutes) and nearby business district.
    • Asking price: $314,500 ($25,000-$45,000 per acre).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Whitwell
    County
    Marion
    State
    Tennessee
    Longitude
    -85.5170336
    Latitude
    35.1993706

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    FAQs

    What type of property is this?
    Land - 6.99 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at Tn 6.99 Whitwell, TN.
    What is the asking price?
    The asking price for this property is $314,500.
    What are key features of this property?
    This property features: 6.99-acre commercial land parcel in Whitwell, TN.; Located on Highway 28 with excellent visibility and accessibility.; A1 zoning allows for diverse development options.
    Request Owner's contact information
    Tn 6.99 Whitwell, TN 37397
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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
    Tn 6.99 Whitwell, TN 37397
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