Summertown TN Turnpike Rd Summertown, TN 38483
This exceptional 529-acre Tennessee farm presents a unique investment opportunity. Located on Turnpike Road in Lawrence County, near Summertown (zip code 38483), this property boasts nearly 3000 feet of road frontage and is ideally suited for subdivision, with preliminary due diligence completed for 23 lots. The land features a half-mile stretch of the Buffalo River running through its center, providing abundant water resources. The property includes two barns, eight ponds, expansive pastures, rolling hills, and level terrain, along with over 130 acres of cropland. The farm is fully fenced and cross-fenced, perfect for livestock. An additional access easement to Oaks Road enhances accessibility. The diverse topography offers numerous potential homesites with stunning views and privacy. Mature oak trees provide habitat for abundant wildlife. Conveniently located approximately 1 hour and 20 minutes from Nashville International Airport (BNA) and about 1.5 hours from Huntsville. The property is currently occupied and farmed; verification of financial capacity is required for showings.
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.
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.