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    3250 Colvett Rd Alamo, TN 38001

    Sponsored
    For Sale
    $300,000

    17.5 Acres, Barn, Old Home - $300k

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 17.5-acre property, located at 3250 Colvett Road in Alamo, Tennessee (zip code 38001), presents a unique investment opportunity. The expansive 762,300 square foot lot offers a blend of commercial, farm, and residential potential, situated in the desirable Crockett Mills area. The property includes an existing barn, adding to its versatility. While there is an older home on the site (approximately 2376 square feet), it is not currently habitable and requires substantial renovations or demolition. The mature trees provide a peaceful, secluded country setting, ideal for various uses. The property's size and location in Crockett County, Tennessee, offer significant potential for development or expansion. This land presents a rare chance to acquire a large parcel in a tranquil rural setting with existing structures, making it suitable for a range of commercial, agricultural, or residential projects. The asking price is $300,000. Buyers are encouraged to conduct their own due diligence regarding the condition of existing structures and potential development opportunities.

    Property Features for 3250 Colvett Rd

    General Information

    Property type
    Farms
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Alamo
    County
    Crockett
    State
    Tennessee
    Longitude
    -89.1432665
    Latitude
    35.8672017

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Farm - 17.5 Acres, Barn, Old Home - $300k
    Where is this farm located?
    The property is located at 3250 Colvett Rd Alamo, TN.
    What is the asking price?
    The asking price for this property is $300,000.
    Request Owner's contact information
    3250 Colvett Rd Alamo, TN 38001
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    Alamo, TN 38001
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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
    3250 Colvett Rd Alamo, TN 38001
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