0 Poor Valley Rd Rutledge, TN 37861
This exceptional 1,185-acre property in Rutledge, Tennessee, presents a unique investment opportunity. Located at the base of Clinch Mountain, this expansive land boasts rolling hills and wooded areas, offering exceptional privacy and breathtaking views. The property's diverse zoning allows for a variety of development possibilities, including upscale residential communities, luxury hotels, and resorts. The asking price is $1,950,000, translating to $1,644 per acre. The seller is open to subdividing the land into tracts of at least 200 acres, providing flexibility for various development plans. The property's location in Grainger County, Tennessee, offers easy access to local amenities while maintaining a tranquil, secluded atmosphere. With its significant size, versatile zoning, and picturesque setting, this property is ideal for developers seeking a large-scale project with significant potential for high returns. The property's APN is 029048 02205, and the address is Poor Valley Rd, Rutledge, TN 37861. This is a rare opportunity to acquire a substantial landholding in a desirable location with remarkable development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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