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Property profile & analytics
OFF-MARKET
Specialty properties

833 Prather Rd Michie, TN 38357

12,000 SF 564.14 ac lot Built 2011
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Year built 2011
Total area 12,000 SF
Lot 564.14 ac (24,573,938 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Crazy K Ranch Ranch
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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