402 Fawn Ridge Rd Parsons, TN 38363
This exceptional 19,166.4 square foot commercial and residential lot is situated in the desirable Featherfoot Point gated community in Parsons, Tennessee. Boasting stunning Beech River views, this property presents a unique opportunity for development. Located in Decatur County, TN, zip code 38363, the lot is ideally positioned for those seeking a tranquil setting with convenient access to amenities. The property is restricted to building, ensuring a high standard of development within the community. A private boat ramp is just seconds away, providing easy access to the serene Beech River, perfect for kayaking and fishing. The Tennessee River, with its bustling activity and sandy beaches, is also within minutes. Featherfoot Point offers a rich natural environment, home to abundant wildlife including whitetail deer and eagles. The charming small town of Parsons is nearby, and Interstate 40, connecting Memphis and Nashville, is only 15 miles away. This lot offers a blend of peaceful riverfront living and convenient access to major transportation routes, making it an attractive investment opportunity. The asking price is $6,000.
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.