833 Prather Rd Michie, TN 38357
This exceptional 564.14-acre property in McNairy County, Tennessee, presents a unique investment opportunity. Currently operating as the Crazy K Ranch, this turnkey business encompasses a thriving Angus cattle and Quarter Horse operation, complemented by a highly successful event venue. The property boasts 13 buildings, including a rustic wedding barn, small event center, large horse arena, auction barn, equipment barn, and a substantial breeding facility. Seven cozy cabins and a rustic hotel with seven king suites provide comfortable accommodations for guests. The 12,000 square foot facility also includes an online meat market. The property is zoned for agriculture and features a permitted security gate. The asking price is $5,300,000, or $6,500 per acre for the land. Built in 2011, the ranch benefits from a strong existing client base and experienced staff, including an event coordinator and cattle operation manager, who are willing to remain to ensure a smooth transition. Detailed inventories of cattle, equipment, and furnishings are available upon request. An additional 483.10 acres are currently leased, offering potential for expansion. This established and profitable business offers a rare combination of agricultural production and event hospitality, presenting significant income streams and growth potential. The property is fully furnished and ready for immediate operation.
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Crazy K Ranch Ranch
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.