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Property profile & analytics
OFF-MARKET
Land

0 Phillips Chapel Rd Waynesboro, TN 38485

425 ac lot
Property ID
Property summary
AI-generated overview

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

Property profile
Verified
Property type Land
Lot 425 ac (18,513,000 SF)
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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