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Property profile & analytics
OFF-MARKET
Land

17168 Tn-59 Drummonds, TN 38023

318 ac lot
Property ID
Property summary
AI-generated overview

Exceptional 318-acre commercial land opportunity in Drummonds, Tennessee, within Tipton County (zip code 38023). This property boasts breathtaking Mississippi River views from its elevated bluff location. The land offers a diverse composition, including tillable acreage currently leased for soybean production (annual lease, allowing for renegotiation or self-farming) and extensive wooded areas ideal for hunting whitetail deer, turkey, duck, and other small game. A conservation easement is in place, protecting the natural beauty of the land while permitting the construction of a personal residence and barn. This unique offering presents a rare chance to own a substantial property with income potential from existing agricultural leases, while enjoying the privacy and recreational benefits of a large, scenic estate. The property's location provides easy access to local amenities while maintaining a secluded and tranquil atmosphere. Asking price is $430,000.

Property profile
Verified
Property type Land
Lot 318 ac (13,852,080 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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