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Property profile & analytics
OFF-MARKET
Land

4720 Us-231 Castalian Springs, TN 37031

18.58 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 18.58-acre farm in Castalian Springs, Tennessee, presents a unique opportunity. The property boasts a large barn with six matted stables, a tack room, feed storage, a 300-bale hay loft, a wash stall, and farmhand quarters with a full bath, water, and electricity. Additional features include dog kennels, fenced and cross-fenced pastures, a horse trailer shed, a workshop with electricity, a lit outdoor arena with water access, and a well providing water to all six pastures. The existing home offers one bedroom and one bathroom on the main floor, a primary suite upstairs with a separate tub and shower, two additional upstairs bedrooms, and a full bath. Both upstairs bathrooms feature double vanities, and the home includes walk-in closets, extra storage, a pantry, and a laundry room. The home is equipped with a geothermal system and a four-zone HVAC system, a heated and cooled garage, and city water. Exterior amenities include a covered wrap-around porch, a large covered back deck with a ramp and hot tub electrical box, and two RV hookups. The home is wired for a generator (not included) and offers expansion space. A one-year home warranty is included. The property is zoned A-1 and offers significant development potential in addition to its current use as a thriving horse farm. Motivated sellers. Located at 4720 US-231, Castalian Springs, TN 37031.

Property profile
Verified
Property type Land
Lot 18.58 ac (809,345 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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