00 County Road 967 Riceville, TN 37370
This expansive 359.4-acre property in McMinn County, Tennessee, presents a remarkable opportunity for development or private enjoyment. Located at 00 County Road 967, Calhoun, TN 37370 (35.2763132, -84.6319361), this land boasts beautiful rolling terrain, adding to its inherent appeal. The property features a picturesque creek and several ponds, enhancing its natural beauty and providing potential recreational opportunities. The asking price is $5,000,000. The significant acreage offers a multitude of development possibilities, including but not limited to residential subdivisions, a golf course, or a campground. The property's diverse landscape and scenic views make it an ideal location for a variety of projects. Its location in Riceville, near Calhoun, provides access to local amenities while maintaining a sense of seclusion. The substantial size and varied features of this land make it a truly unique and valuable asset. Serious inquiries only. This is a rare opportunity to acquire a large parcel of land with exceptional potential in a desirable Tennessee location. The property is zoned for residential use.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.