Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Arlington Land with Development Potential Title is generated by Realmo AI

    BRAGG Rd, Arlington, TN 38028

    View on Map
    Claim this Listing
    For Sale
    $1,600,000

    LAND - Arlington, TN

    Lot size:
    190.00 Acres
    Added:
    Aug 14, 2023
    Days on Market:
    1021
    Last Refresh:
    May 30 at 8:06 pm

    Property Features for BRAGG Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Estate
    Standard status
    Active
    Lot size
    190.00 Acres

    We can help!

    Listing Contact
    Keith Morris
    Keith Morris

    Listing agent Keith Morris

    Listing office Morris and Morris 16945 Hwy 64, Somerville, TN

    Listing date Aug 14, 2023

    MLS# 10154586 Listing URL

    Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large farm property ideal for building, farming, hunting, and recreation.
    • Located in Arlington at the Shelby‑Fayette County line.
    • Features approximately 50 acres of timber.
    • Currently used for row crops.
    • City water and electricity available on Bragg Road.
    • Bounded by Bragg Road to the north and Cypress Creek to the south.

    Overview

    This expansive farm property, located in Arlington, Tennessee, offers significant potential for building, farming, and recreational activities such as hunting. Situated along the Shelby-Fayette County line, the property is bordered by Bragg Road to the north and Cypress Creek to the south. The land, totaling 190 acres, is predominantly level and currently used for row crops. Approximately 50 acres are covered with timber on the southern side of the property. City water and electricity are accessible on Bragg Road, providing essential utilities for development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Arlington
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.6396459
    Latitude
    35.2322054

    Nearby Similar for Sale

    • $9,900,000

      Arlington Land For Sale

      27.35 acres of mixed-use development land in Arlington, TN.
      MILTON WILSON Blvd, Arlington, TN 38002
      View Details
    • $4,750,000

      Highway 64 Development Opportunity

      Prime 75-acre commercial land with high visibility and access.
      3131 US 64 Hwy, Arlington, TN 38002
      View Details
    • $4,750,000

      Arlington TN Development Opportunity

      75-acre development site with I-269 frontage in growing Arlington, TN.
      3131 US 64 Hwy, Arlington, TN 38002
      View Details
    • $795,000
      7,000 SF

      Arlington Commercial Property For Sale

      Versatile property in high visibility area with redevelopment potential.
      12013 US 70 Hwy, Arlington, TN 38002
      View Details
    • $119,900

      Arlington Build-Ready Corner Lot

      2-acre corner lot in Meadow Ridge subdivision, Fayette County.
      135 THISTLE Dr, Arlington, TN 38002
      View Details
    • $1,400,000

      Highway 64 Land Opportunity

      39.85 acres of land with development potential near I-40.
      HIGHWAY 64, Unincorporated, TN 38002
      View Details
    • $3,400,000

      Arlington Land with Development Potential

      10+ acres in prime Arlington location with development potential.
      AIRLINE Rd, Arlington, TN 38002
      View Details
    • $167,000

      Unrestricted Land For Sale

      4.01 acres of unrestricted land with prior mobile home.
      21565 HWY 196, Unincorporated, TN 38002
      View Details
    • $99,900

      Residential Lot in Cloisters Subdivision

      Residential lot in prestigious Cloisters Subdivision, Arlington, Tennessee.
      RIVERSEDGE Cv lot: 44, Arlington, TN 38002
      View Details
    • $355,000

      Versatile Land in Arlington, TN

      2.4 acres suitable for residential or commercial development.
      MILTON WILSON Rd lot: Pt 20, Arlington, TN 38002
      View Details
    • $1,400,000

      Expansive Farmland with Development Potential

      39.85 acres of farmland with utilities and development potential.
      HIGHWAY 64, Unincorporated, TN 38002
      View Details
    • $275,000

      Arlington, TN Land Parcel

      32.36 acre land parcel with development potential.
      N OSBORNTOWN Rd, Arlington, TN 38002
      View Details

    FAQs

    What type of property is this?
    Farm - Large farm property in Arlington, TN, suitable for building and farming.
    Where is this farm located?
    The property is located at BRAGG Rd Arlington, TN.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Large farm property ideal for building, farming, hunting, and recreation.; Located in Arlington at the Shelby‑Fayette County line.; Features approximately 50 acres of timber.
    (901) 497-6997
    We can help!
    Listing Contact
    Keith Morris
    Keith Morris
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    BRAGG Rd, Arlington, TN 38028
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!