000 Sharpsferry Rd Newbern, TN 38059
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.
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.