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    166 Hermitage Cir Bumpus Mills, TN 37028

    For Sale
    Contact for pricing

    Private 0.34-acre lot, great retreat!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 0.34-acre wooded lot, located at 166 Hermitage Circle in Bumpus Mills, Tennessee, presents a unique opportunity for those seeking a peaceful retreat or investment property. Priced affordably at $15,000, this land offers a private setting ideal for camping or RV use, subject to community restrictions. Electricity is conveniently available at the roadside, simplifying any development plans. The property's tranquil atmosphere is enhanced by its proximity to the Bumpus Mills marina, providing easy access to boat ramps for water recreation enthusiasts. An annual HOA fee of $50 covers community maintenance. The lot is classified as residential land, and while currently undeveloped, it presents significant potential for a variety of uses. Detailed restrictions are available upon request. The property's address is 166 Hermitage Circle, Bumpus Mills, TN 37028, situated in Stewart County. This is a rare opportunity to own a piece of serene Tennessee countryside at an attractive price point. Don't miss out on this chance to acquire this idyllic retreat.

    Property Features for 166 Hermitage Cir

    General Information

    Property type
    Land

    HighLights

    • 0.34‑acre wooded lot in Bumpus Mills, TN for $15,000.
    • Residential lot ideal for camping or RV use, subject to HOA restrictions.
    • Electricity at roadside; near Bumpus Mills marina with boat ramps.
    • $50 annual HOA fee.
    • Located at 166 Hermitage Circle, Bumpus Mills, TN 37028 (Stewart County).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Bumpus Mills
    County
    Stewart
    State
    Tennessee
    Longitude
    -87.8779402
    Latitude
    36.6334791

    Nearby Comparable

    • Contact for pricing

      Wooded Lot - Bumpus Mills, TN

      Private 0.39-acre lot, great weekend retreat.
      167 Hermitage Cir, Bumpus Mills, TN 37028
      View Details
    • $439,000
      36.00 Acres

      Cadiz, KY Hobby Farm

      Remodeled home with metal building and acreage in Cadiz.
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    FAQs

    What type of property is this?
    Land - Private 0.34-acre lot, great retreat!
    Where is this land located?
    The property is located at 166 Hermitage Cir Bumpus Mills, TN.
    What is the asking price?
    The asking price for this property is $15,000.
    What are key features of this property?
    This property features: 0.34-acre wooded lot in Bumpus Mills, TN for $15,000.; Residential lot ideal for camping or RV use, subject to HOA restrictions.; Electricity at roadside; near Bumpus Mills marina with boat ramps.
    Request Owner's contact information
    166 Hermitage Cir Bumpus Mills, TN 37028
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    Bumpus Mills, TN 37028
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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
    166 Hermitage Cir Bumpus Mills, TN 37028
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