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    Tn-57 Pocahontas, TN 38061

    • Land
    • 1,261.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Tn-57

    Lot size
    1,261.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    Exceptional opportunity to own 1,261+/- acres of prime West Tennessee hunting and recreational land. This expansive property, located on Highway 57 near Pocahontas, TN 38061, is offered in six parcels ranging from 121 to 286+/- acres. Each parcel boasts approximately three miles of highway frontage and five miles of river frontage along the Tuscumbia and Hatchie Rivers. The eastern boundary adjoins Big Hill Pond State Park. The land features an extensive network of roads and trails, making access to the diverse terrain easy. Abundant wildlife, including whitetail deer, turkey, and waterfowl, thrives in this natural habitat, enhanced by natural "duck-holes" in the river bottom. Most tracts contain a mix of pine and hardwood timber, with some areas offering harvestable timber and others suitable for select-cut harvesting. A convenient boat ramp provides access to the Hatchie River. This is a rare chance to acquire a significant tract of West Tennessee hunting land. The online auction concludes December 5th at 2:00 PM CT. Drive-by inspections are welcome. A 10% buyer's premium and other terms apply. Zoned Agricultural.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pocahontas
    County
    McNairy
    State
    Tennessee
    Longitude
    -88.7949
    Latitude
    35.0582

    Comparable in this City

    • Value Estimation by Request
      1,736 SF

      245 Railroad Ave

      WAREHOUSE, STORAGE • 1,736 SF
      245 Railroad Ave, Pocahontas, TN 38061-5115
      View Details
    • Value Estimation by Request
      1.00 Acre

      30 Dan Head Rd

      VACANT COMMERCIAL LAND • 1.00 Acre
      30 Dan Head Rd, Pocahontas, TN 38061
      View Details
    • Value Estimation by Request
      3,113 SF

      22595 Hwy 57th W

      RETAIL STORES (PERSONAL SERVICES) • 3,113 SF
      22595 Hwy 57th W, Pocahontas, TN 38061-5323
      View Details
    • Value Estimation by Request
      2,976 SF

      23705 Hwy 57th W

      GROCERY, SUPERMARKET • 2,976 SF
      23705 Hwy 57th W, Pocahontas, TN 38061-5223
      View Details
    • Value Estimation by Request
      3,500 SF

      175 Jack Ln

      COMMERCIAL (GENERAL) • 3,500 SF
      175 Jack Ln, Pocahontas, TN 38061-5248
      View Details
    • Value Estimation by Request
      1,750 SF

      22350 Hwy 57th W

      RETAIL STORES (PERSONAL SERVICES) • 1,750 SF
      22350 Hwy 57th W, Pocahontas, TN 38061-9900
      View Details

    Similar Nearby for Sale

    • $395,500
      113.00 Acres

      Pocahontas Farm with 113 Acres

      113-acre farm ideal for recreation, homesteading, and investment.
      2114 Eldie Foster Rd, Pocahontas, TN 38061
      View Details
    • New
      $2,350,000
      946.00 Acres

      Pocahontas Vacant Land For Sale

      946-acre tract with timberland, hunting, and recreation potential.
      Wolf Pen Rd, Pocahontas, TN 38061
      View Details
    • $899,000
      411.93 Acres

      411 Acre Hunting & Recreational Farm

      Premier hunting and recreational farm in McNairy County, Tennessee.
      214 Arthur Byrd Rd, Pocahontas, TN 38061
      View Details
    • New
      $3,995,000
      4,100 SF

      Pocahontas Estate: Refined Living

      Extraordinary estate with refined living and intentional land stewardship.
      419 Dixie Ln, Pocahontas, TN 38061
      View Details
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    Tn-57
    Pocahontas, TN 38061
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    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
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