0 Heartwood Ln Butler, TN 37640
This exceptional 5-acre commercial land parcel, located at TBD Heartwood Ln, Butler, TN 37640 (APN: 069 024.03), presents a unique opportunity. Priced at $88,900 ($17,780/acre), this property boasts spectacular views of the North Carolina mountains, thanks to its south-facing slope. A cleared house site is ready for construction, simplifying the building process. While some tree removal may be necessary, easy access is ensured. The property is part of the Heartwood development, offering a shared well (Well #7) with a one-time connection fee of $10,000. Alternatively, a private well can be installed. Annual HOA fees are $600 for vacant lots and increase to $800 upon construction, covering road and gate maintenance. The property is situated on the south side of the development. Zoned for residential use, this land offers privacy and stunning scenery, making it ideal for a secluded getaway or personal retreat. Potential buyers are responsible for verifying all information.
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.