Property profile

0 Roy Foster Rd McMinnville, TN 37110

OFF-MARKET
Land
255 ac lot
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Property summary

AI-generated overview

This 255+/- acre property in Warren County, Tennessee, near McMinnville (zip code 37110), offers a unique blend of agricultural, recreational, and residential potential. Nearly 160 acres are currently used for row crops, with farming rights leased through December 2024. A large barn with power and water provides ample storage. The property boasts exceptional hunting opportunities for deer and turkey, enhanced by Mountain Creek flowing through it. With over 1700 feet of frontage on Roy Foster Road and 4000 feet on Sullivan Road, there's significant potential for residential development, including single-family homes, multi-home compounds, or subdivision into estate lots. The fertile soil and favorable climate create an ideal environment for various crops, presenting substantial agricultural output opportunities beyond the current lease. This versatile property presents a rare chance to own a large acreage tract in Middle Tennessee with diverse income and lifestyle possibilities. The asking price is $1,950,000. The permitted zoning is Agricultural.

Property profile

Verified
Property type Land
Lot 255 ac (11,107,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Roy Foster Rd McMinnville, TN 37110
McMinnville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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