11 Myers Point Rd Sewanee, TN 37375
Exceptional 2.75-acre commercial land parcel presents a rare opportunity within the prestigious Myers Point community in Sewanee, Tennessee. Located at 11 Myers Point Rd, zip code 37375, this property is part of a highly exclusive, 480-acre gated community boasting only 25 lots. Enjoy the tranquility and privacy of this remarkable setting, featuring a private lake and 355 acres of protected forest managed by the Land Trust of Tennessee. The rolling slope of this lot offers stunning panoramic views of Lost Cove, Champion Cove, and the Cumberland Plateau. Underground utilities are in place, adding to the convenience and sophistication of this development. Residents benefit from a gated entrance, a community park, and established trails throughout the community. The asking price for this exceptional property is $435,000. This is a unique chance to acquire a significant commercial lot in a highly sought-after location, offering unparalleled beauty and exclusivity. Don't miss this opportunity to own a piece of Sewanee's most desirable real estate.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.