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Agricultural Land with Road Frontage
For Sale
$1,250,000

Parcel 16 Mill Springs Road, New Market, TN 37820

LAND - New Market, TN

Property SizeContact for details
Lot Size73.00 Acres
Days on Market93

Property Features for Parcel 16 Mill Springs Road

General Information

Property type Land
Property subtype Other
Zoning agricultural
Lot features Agricultural, Gentle Sloping, Greenbelt, Irregular Lot, Private, Rolling Slope, Sloped, Split Possible, Wooded
Directions From I-40 exit 417, head north on TN-92. Turn left onto Hwy 11E. Turn right onto TN-92. In one mile, turn left to stay on TN-92. Turn left onto Mill Springs Rd. Acreage will be on the left. 1622 Mill Springs Rd is adjacent to this property. Use this address for GPS.
Subdivision Jefferson County
Standard status Active
APN 014 016.00
Lot size 73.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 304

Utilities

Utilities Cable Available
Sewer type Septic Needed
Listing Agency: Franklin Realty
Listed By: Tammy Franklin
Added: May 29 Changed: Aug 10 Last Checked: Aug 29 at 7:06PM
MLS# 312028

Copyright © 2026 Great Smoky Mountains 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.

Investment Insights

Based on property information with market context.

This 73-acre agricultural property combines open fields with wooded areas and includes level, gently rolling, and moderately sloping terrain. Multiple potential building sites are distributed across the tract, with flexibility for placement near the road or farther into the wooded portions. The property is zoned agricultural, and septic will be required for future construction.

Power, public water, and fiber internet are available at the road. Cherokee Lake recreation areas, including a boat launch, picnic area, landing, and dam, are less than 5 minutes away. Douglas Lake is approximately 12 miles east, while Interstate 40 is approximately 10-12 miles from the property via Hwy 92. Shopping, dining, and medical facilities are about 15 minutes away.

Key Highlights

  • 73 acres of fields and forest
  • Level, gently rolling, and moderately sloping terrain
  • Multiple potential building sites across the property

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Electrical Service Garden Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 37820, TN

7,991
Population
3,485
Households
2.3
Avg Household Size
44
Median Age
16%
College-Educated
89%
High-School Grad
67.6 sq mi
ZIP Area
118
Density / Sq Mi
$62,901
Median Household Income
$38,750
Median Earnings
$853
Median Rent
$193,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Agricultural-zoned acreage with varied terrain, multiple potential building sites, and utilities available along the road.
Where is this agricultural land / farmland located?
The property is located at Parcel 16 Mill Springs Road New Market, TN.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 73 acres of fields and forest; Level, gently rolling, and moderately sloping terrain; Multiple potential building sites across the property
More about this property
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