Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Picturesque Land in Hawkins County Title is generated by Realmo AI

    Frosts Road, Surgoinsville, TN 37873

    View on Map
    Claim this Listing
    For Sale
    $299,000

    LAND - Surgoinsville, TN

    Lot size:
    34.92 Acres
    Added:
    Aug 27, 2024
    Days on Market:
    626
    Last Refresh:
    May 14 at 9:06 pm

    Property Features for Frosts Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Agricultural
    Standard status
    Active
    APN
    027 005.00
    Lot size
    34.92 Acres

    Taxes and HOA fees

    Tax Annual Amount
    145

    We can help!

    Listing Contact
    Danielle McMeans
    Danielle McMeans

    Listing agent Danielle McMeans License #308681

    Listing office CENTURY 21 Legacy Fort Henry 1757 Fort Henry Dr, Kingsport, TN

    Listing date Aug 27, 2024

    MLS# 9970422 Listing URL

    Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Picturesque land in Hawkins County suitable for home sites.
    • Includes a spring.
    • Combination of cleared and wooded land.
    • Access to the top of Clinch Mountain.
    • Abundant wildlife.
    • Previously used as a hunting destination.

    Overview

    This 34.92-acre property is located in Hawkins County near Surgoinsville, Tennessee. Previously used as a hunting destination, the land offers potential for future home sites. The property features a spring, cleared land, and wooded areas extending to the top of Clinch Mountain. An abundance of wildlife is regularly observed on the premises. The zoning is agricultural.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Surgoinsville
    County
    Hawkins
    State
    Tennessee
    Longitude
    -82.7781
    Latitude
    36.4369

    Nearby Similar for Sale

    • $399,000
      2,880 SF

      Versatile Multi-Use Property For Sale

      Multi-use property with residential, commercial, and income-producing potential.
      2588 Carters Valley Road, Surgoinsville, TN 37873
      View Details
    • $325,000

      Surgoinsville Land with Development Potential

      Expansive 23-acre property ideal for development or private estate.
      826 Main Street, Surgoinsville, TN 37873
      View Details
    • $50,000

      Surgoinsville Land with Creek

      1.82-acre property with creek, open pasture, and unfinished structure.
      129 Cross Valley Road, Surgoinsville, TN 37873
      View Details
    • $275,000

      Unrestricted Acreage with Barn and Pond

      26.79 acres in Surgoinsville, TN, ideal for farming.
      Carters Valley Road, Surgoinsville, TN 37873
      View Details
    • $50,000

      Residential Land in Surgoinsville, TN

      Residential land for sale in Surgoinsville, Tennessee.
      Honeysuckle Avenue, Surgoinsville, TN 37873
      View Details
    • $1,750,000

      Prime Land with Commercial Potential

      22.14 acres in Surgoinsville with commercial rezoning potential.
      W Sr-1 Highway, Surgoinsville, TN 37873
      View Details
    • $895,000

      Undeveloped Land in Surgoinsville, TN

      108 acres of land suitable for residential or commercial development.
      Regency Drive, Surgoinsville, TN 37873
      View Details
    • $200,000

      Surgoinsville Land with Garage

      22.83 acres with views, pond, garage, well, and septic.
      928 Millers Bluff Road, Surgoinsville, TN 37873
      View Details
    • $2,250,000

      405 Acres in Stanley Valley

      Expansive land with creek, barns, trails, and timber.
      Stanley Valley Road, Surgoinsville, TN 37873
      View Details
    • $789,000
      8,000 SF

      Surgoinsville Dollar General Store

      8,000 SF Dollar General in Surgoinsville, Tennessee for sale.
      3394 Hwy 11w, Surgoinsville, TN
      View Details
    • $1,950,000

      163 Acres of Vacant Land

      163 acres of vacant land in Hawkins County, Tennessee.
      210 Ridge Haven Dr, Surgoinsville, TN
      View Details
    • $22,000

      Residential Land in Surgoinsville, TN

      Residential land for building a new home with mountain views.
      Sandidge Hollow Road lot: 3, Surgoinsville, TN 37873
      View Details

    FAQs

    What type of property is this?
    Hunting land - 34.92 acres of land with hunting and home site potential.
    Where is this hunting land located?
    The property is located at Frosts Road Surgoinsville, TN.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Picturesque land in Hawkins County suitable for home sites.; Includes a spring.; Combination of cleared and wooded land.
    (423) 863-5521
    We can help!
    Listing Contact
    Danielle McMeans
    Danielle McMeans
    Real Estate License ID: 308681
    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
    Frosts Road, Surgoinsville, TN 37873
    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!