Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Riceville Land with Creek Frontage Title is generated by Realmo AI

    County Road 60, Riceville, TN 37370

    View on Map
    Claim this Listing
    For Sale
    $229,000

    LAND - Riceville, TN

    Lot size:
    17.52 Acres
    Added:
    Mar 16, 2026
    Days on Market:
    60
    Last Refresh:
    May 14 at 6:06 pm

    Property Features for County Road 60

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-1
    Standard status
    Active
    APN
    062073.14
    Lot size
    17.52 Acres

    Taxes and HOA fees

    Tax Description
    062073.14
    Tax Annual Amount
    175

    Utilities

    Utilities
    Water Available
    Water front features
    Creek
    Water front
    1

    We can help!

    Listing Contact
    Darren Miller

    Listing agent Darren Miller License #332611

    Listing office EXP Realty LLC 650 25th Street NW STE 300, Cleveland, TN

    Listing date Mar 16, 2026

    MLS# 1530584 Listing URL

    Copyright © 2026 Greater Chattanooga 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

    • 17+ acres of open countryside suitable for agricultural, recreational, or residential use
    • Enjoy 1000 feet of Rogers Creek Frontage
    • Ample paved road frontage for convenient access
    • Ideal for grazing cattle or horses
    • Waterfront Features: Creek
    • Utilities: Water Available

    Overview

    This property features over 17 acres of open countryside with ample paved road frontage for convenient access. It includes 1000 feet of frontage on Rogers Creek. The land is suitable for agricultural or recreational use, such as grazing cattle or horses. The property also offers potential building sites for a new home. The zoning is R-1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Riceville
    County
    McMinn
    State
    Tennessee
    Longitude
    -84.6595
    Latitude
    35.3273

    Nearby Similar for Sale

    • $130,000

      Riceville, TN Undeveloped Land

      4.63-acre partially cleared land parcel in Riceville, Tennessee.
      329 County Road 775, Riceville, TN 37370
      View Details
    • $130,000

      Riceville, TN Undeveloped Land

      4.63-acre partially cleared land parcel in Riceville, Tennessee.
      329 County Road 775, Riceville, TN 37370
      View Details
    • $85,000

      Unrestricted Land in Riceville, TN

      5.23 acres of unrestricted land, ideal for building or manufactured home.
      County Road 62, Riceville, TN 37370
      View Details
    • $85,000

      Unrestricted Land in Riceville, TN

      5.23 acres of unrestricted land, suitable for building or manufactured homes.
      County Road 62, Riceville, TN 37370
      View Details
    • $320,000

      Land on Highway 11

      5 acres on Highway 11, Riceville, Tennessee.
      Highway 11s, Riceville, TN 37370
      View Details
    • $169,000

      Riceville, TN Land For Sale

      5.2 acres of land available in Riceville, Tennessee.
      201 County Road 756, Riceville, TN 37370
      View Details
    • $250,000

      Unrestricted Land with Mountain Views

      25.35 acres in Riceville, TN with mountain views.
      534 County Road 135, Riceville, TN 37370
      View Details
    • $199,900
      540,144 SF

      Unrestricted Land Near Town

      Over 12 acres of unrestricted land with utilities.
      210 County Road 655, Riceville, TN 37370
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 17+ acres with paved road and creek access.
    Where is this agricultural land / farmland located?
    The property is located at County Road 60 Riceville, TN.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: 17+ acres of open countryside suitable for agricultural, recreational, or residential use; Enjoy 1000 feet of Rogers Creek Frontage; Ample paved road frontage for convenient access
    (423) 708-4428
    We can help!
    Listing Contact
    Darren Miller
    Real Estate License ID: 332611
    Learn More
    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
    County Road 60, Riceville, TN 37370
    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!