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0 Gunn Gardens Pl Parsons, TN 38363

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 21.5-acre wooded farm presents a unique opportunity in the charming town of Parsons, Tennessee. Boasting a substantial 936,540 square feet lot, this property offers a blend of seclusion and convenience. Situated near Parsons' city amenities, it enjoys a surprisingly remote feel, bordered by Bear Creek to the west, woods to the north, and adjacent to the Parsons Regional Community Park to the southeast and a retirement community to the south. Parsons itself is a progressive community, benefiting from the educational resources of the University of Tennessee at Martin and the Parsons Center, offering diverse undergraduate programs. The Ayers Foundation Scholars Program further enhances the area's educational opportunities. Recreational amenities are abundant, with the Parsons Regional Community Park featuring baseball/softball fields, a playground, and a pavilion. The nearby Tennessee River provides opportunities for boating, fishing, and kayaking. The property's strategic location, just 15 minutes from Interstate 40, between Memphis and Nashville, makes it ideal for those seeking the best of small-town living with easy access to major transportation routes. This generational family land offers a rare chance to own a significant piece of Tennessee's countryside. The asking price for this remarkable property is $250,000.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Gunn Gardens Pl Parsons, TN 38363
Parsons metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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