0 Phillips Chapel Rd Waynesboro, TN 38485
Exceptional opportunity to acquire a sprawling 425-acre property in Wayne County, Tennessee. This historically significant farm, family-owned for over 180 years, is being offered for sale for the first time. The property boasts approximately one mile of Green River frontage, offering stunning views of rolling hills and lush farmland. The land is currently actively farmed and features two barns situated on one parcel. A significant portion of the acreage is fenced and has previously supported livestock. The property also includes select-cut timber acreage with pastureland and seasonal ponds. The timber consists of oak, walnut, and hickory trees. A quiet country road meanders through the property, conveniently located just 100 miles from Nashville. The property consists of two parcels (036002.00 and 036002.02) and is zoned for agricultural use. Note that city water, septic, and high-speed internet are not currently available. Access to the property is restricted
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.