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Property profile & analytics
OFF-MARKET
Land

000 Sharpsferry Rd Newbern, TN 38059

Property ID
Property summary
AI-generated overview

This exceptional 44-acre farm in Dyer County, Tennessee, presents a unique investment opportunity. Located at 000 Sharpsferry Road, Newbern, TN 38059, this property, encompassing two parcels sold as one unit (per courthouse records), offers significant potential. Currently planted with row crops, the harvest income is reserved for the current farmer. While partially within Newbern city limits, nearby utility access facilitates potential development of much-needed housing. The property's strategic location, coupled with the prospect of future industrial growth in the area and Newbern's expanding community, makes it ideal for various development projects. The total land area is 1,916,640 square feet, offering ample space for diverse ventures. This is a rare chance to acquire a substantial tract of land in a thriving Tennessee community with promising future prospects. The asking price is $450,000.

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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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