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Property profile & analytics
OFF-MARKET
Land

0 Tract 3 Mercer, TN 38392

Property ID
Property summary
AI-generated overview

This exceptional 5.44-acre agricultural tract in Mercer, Tennessee, presents a unique opportunity for those seeking a peaceful countryside setting. Boasting 236,966.4 square feet of gently rolling land, this property offers 486 feet of frontage on Ebenezer Road, providing excellent accessibility. Located in southwest Madison County, it enjoys a convenient location just 6.2 miles south of Interstate 40 at Exit 68 (Providence Road), striking a balance between rural tranquility and urban convenience. The land is largely open, interspersed with some wooded areas, and features several ideal building sites. While well and septic systems are required for any construction, the property is already approved for a septic system, streamlining the building process. Furthermore, the absence of restrictive covenants offers flexibility in development plans. A completed survey is available, ensuring a smooth and transparent transaction. This property is perfectly positioned for those ready to build their dream home or pursue agricultural endeavors, offering a blank canvas for your vision in a desirable Tennessee location. The asking price is $79,500. GPS coordinates for the intersection of Hwy 138 & Ebenezer Rd are provided for easy location: 1181 Hwy 138, Mercer, TN 38392. The zip code for this property is 38392.

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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