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Property profile & analytics
OFF-MARKET
Land

402 Fawn Ridge Rd Parsons, TN 38363

Property ID
Property summary
AI-generated overview

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.

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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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