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    Land

    00 Sand Ridge Bargerton Rd, Lexington, TN 38351

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    AI-generated overview

    This Tennessee farm encompasses approximately 226 acres (9,870,696 sq ft) in Lexington, Henderson County (zip code 38351), offering a unique blend of agricultural and recreational opportunities. The property boasts approximately 45 acres of fertile row crop land, extensive pastureland, and over 115 acres of wooded area, last harvested about a decade ago. A significant feature is the Middle Fork Forked Deer River traversing the northern section, ideal for hunting and wildlife viewing. A 40x40-foot shop provides ample storage or workshop space, with potential for residential conversion. High-speed internet access is available at the roadside. This picturesque property, located on the west side of Lexington, presents a compelling investment opportunity for farming, recreation, or establishing a rural retreat. The land's diverse features, including fertile fields, abundant pasture, and extensive woodland, create a versatile setting for various uses. The existing shop adds significant value, offering immediate utility and future development potential. The property's proximity to Lexington and access to high-speed internet enhance its appeal and practicality.

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    Property type Land
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    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
    Value estimations
    Realmo proprietary · 4 methods
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    Permitted uses
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