Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Gently Rolling Pasture Homesite Land Title is generated by Realmo AI

    Old State Route 34, Limestone, TN 37681

    View on Map
    Claim this Listing
    For Sale
    $379,000

    LAND - Limestone, TN

    Lot size:
    20.00 Acres
    Added:
    Feb 4, 2025
    Days on Market:
    485
    Last Refresh:
    Jun 4 at 1:06 pm

    Property Features for Old State Route 34

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    A-1
    Standard status
    Active
    APN
    080 076.01
    Lot size
    20.00 Acres

    We can help!

    Listing Contact
    Bryan Sangid
    Bryan Sangid

    Listing agent Bryan Sangid License #321218

    Listing office The Elite Team Agency 3901 Bristol Hwy Suite 201, Johnson City, TN

    Listing date Feb 4, 2025

    MLS# 9975732 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

    • 21 acres of gently rolling pasture land ideal for farming, livestock, or a country estate.
    • Unobstructed mountain views in every direction.
    • Adjacent to a 24,000 sq. ft. barndominium.
    • Prime location in a rapidly growing and highly desirable area of East Tennessee.
    • Opportunity for expansion due to proximity to other available properties.
    • Suitable for a working farm, homestead, or recreational retreat.

    Overview

    A-1 zoned pasture property offering a gently rolling layout and open mountain views. The land is described as laying exceptionally well, making it suitable for farming and livestock uses, or for creating an expansive country estate setting.

    Located in Limestone, TN within Washington County, the property is positioned as a beautiful homesite opportunity adjacent to a remarkable 24,000 sq. ft. barndominium. The listing also notes unobstructed views in every direction and a prime rural setting, with proximity to other available properties for those considering expansion.

    This offering is best suited for buyers looking for privacy and space with the option to support a working farm, homestead, or recreational retreat. With the pasture configuration and broad sightlines emphasized in the marketing, it can also appeal to investors interested in acquiring a growth-oriented parcel alongside an existing barndominium asset.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Limestone
    County
    Washington
    State
    Tennessee
    Longitude
    -82.618155
    Latitude
    36.213012

    Nearby Similar for Sale

    • $2,675,000
      4,056 SF

      Restored Grist Mill Venue

      Unique event venue with rustic charm and modern amenities.
      715 Carson Creek Road, Limestone, TN 37681
      View Details
    • $590,000
      2,800 SF

      Versatile Land with Commercial Potential

      20+ acre East Tennessee property with business potential.
      931 Providence Road, Limestone, TN 37681
      View Details
    • $675,000

      56 Acres Overlooking Nolichucky River

      56-acre property with river views, ideal for estate or retreat.
      John Matthews Rd, Limestone, TN 37681
      View Details
    • $252,600

      Land with Mountain Views

      Land with mountain views, suitable for a small farm.
      9170 Old Stage Road, Limestone, TN 37681
      View Details
    • $219,000

      Scenic Limestone, TN Acreage

      10.96 acres in Limestone, TN with beautiful views.
      34-37 Culver Road, Limestone, TN 37681
      View Details
    • $325,000

      Unrestricted Land in Greene County

      13.4 acres of unrestricted land perfect for homesteading.
      Old Snapps Ferry Road lot: 1, Limestone, TN 37681
      View Details
    • $44,900

      Residential Land in Limestone, TN

      1.75-acre parcel ideal for building a Southern home.
      1212 Bowmantown Road, Limestone, TN 37681
      View Details
    • $327,577

      Tennessee Land with Horse Barn

      15.75-acre Limestone, TN tract with barn, solar panels.
      3200 Milburnton Road, Limestone, TN 37681
      View Details
    • $144,500

      Land with Mountainous Views

      Residential land ready for construction with panoramic mountain views.
      356 Laws Road, Limestone, TN 37681
      View Details
    • $175,000

      Acreage in Limestone, Tennessee

      13.08 acre tract ideal for homesite or recreational use.
      270 Freedom Road, Limestone, TN 37681
      View Details
    • $36,900

      Tennessee Land Parcel For Sale

      1.41-acre parcel in East Tennessee's rolling countryside.
      1216 Bowmantown Road, Limestone, TN 37681
      View Details
    • $155,000

      Limestone, TN Land with Amenities

      3.51 acre lot with well, electricity, and landscaping.
      202 Tweed Road, Limestone, TN 37681
      View Details

    FAQs

    What type of property is this?
    Farm - A-1 zoned pastureland with expansive mountain views and flexible homesite potential in Limestone, TN.
    Where is this farm located?
    The property is located at Old State Route 34 Limestone, TN.
    What is the asking price?
    The asking price for this property is $379,000.
    What are key features of this property?
    This property features: 21 acres of gently rolling pasture land ideal for farming, livestock, or a country estate.; Unobstructed mountain views in every direction.; Adjacent to a 24,000 sq. ft. barndominium.
    (423) 656-0333
    We can help!
    Listing Contact
    Bryan Sangid
    Bryan Sangid
    Real Estate License ID: 321218
    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
    Old State Route 34, Limestone, TN 37681
    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!