Property profile

00 Water Tower Rd Cedar Grove, TN 38321

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

This exceptional 31.36-acre property, situated at 00 Water Tower Road in Cedar Grove, Tennessee, presents a unique investment opportunity. The land encompasses a versatile mix of usable space, ideal for a variety of purposes. Eleven acres are open and tillable, offering significant agricultural potential or space for development. The remaining twenty acres are wooded, providing ample space for recreational activities such as hunting, hiking, or simply enjoying the natural beauty of the Tennessee countryside. The property's substantial size, totaling 1,366,041.6 square feet, allows for considerable flexibility in its future use. Located in Carroll County, Tennessee, with a zip code of 38321, this property offers a blend of agricultural and recreational possibilities. The asking price for this expansive tract of land is $160,000. Its convenient location and diverse features make it an attractive option for those seeking a rural retreat or a productive farming operation. The property's coordinates are 35.8805946 latitude and -88.5416833 longitude. This is a rare opportunity to acquire a significant parcel of land in a desirable Tennessee location.

Property profile

Verified
Property type Specialty properties

Cap rate & NOI

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

Location

00 Water Tower Rd Cedar Grove, TN 38321
Cedar Grove 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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