Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1 Texas Bottom Ln Hohenwald, TN 38462
    Back to Search
    Property profile & analytics

    1 Texas Bottom Ln, Hohenwald, TN 38462

    View on Map
    • Land
    • 0.26 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1 Texas Bottom Ln

    Lot size
    0.26 lot acres
    Property type
    Land

    Description

    This exceptional 0.26-acre commercial lot presents a unique opportunity in Hohenwald, Tennessee. Situated across from the Buffalo River, this property offers stunning river views and a tranquil setting. Measuring approximately 75 feet by 150 feet, the lot provides ample space for various commercial ventures. Its location adjacent to a working farm adds to its rural charm and potential. This is one of 30 available lots, each requiring a survey upon contract execution. The asking price is $29,900. Buyers should act quickly to secure their preferred parcel within this desirable development. The property is conveniently located in Lewis County, Tennessee, with the address listed as Lot 1 Texas Bottom Ln, Hohenwald, TN 38462. The coordinates are 35.4447382 latitude and -87.5641988 longitude. This is an ideal location for those seeking a blend of natural beauty and commercial potential. Don't miss this chance to own a piece of this picturesque Tennessee landscape. The lots are being sold individually, and this listing specifically refers to Lot 1.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hohenwald
    County
    Lewis
    State
    Tennessee
    Longitude
    -87.5642
    Latitude
    35.4447

    Comparable in this City

    • Value Estimation by Request
      0.26 Acres

      16 Texas Bottom Ln

      Land
      16 Texas Bottom Ln, Hohenwald, TN 38462
      View Details
    • Value Estimation by Request
      0.26 Acres

      10 Texas Bottom Ln

      Land
      10 Texas Bottom Ln, Hohenwald, TN 38462
      View Details
    • Value Estimation by Request
      0.26 Acres

      30 Texas Bottom Ln

      Land
      30 Texas Bottom Ln, Hohenwald, TN 38462
      View Details
    • Value Estimation by Request
      0.26 Acres

      27 Texas Bottom Ln

      Land
      27 Texas Bottom Ln, Hohenwald, TN 38462
      View Details
    • Value Estimation by Request
      0.26 Acres

      25 Texas Bottom Ln

      Land
      25 Texas Bottom Ln, Hohenwald, TN 38462
      View Details
    • Value Estimation by Request
      0.26 Acres

      15 Texas Bottom Ln

      Land
      15 Texas Bottom Ln, Hohenwald, TN 38462
      View Details

    Similar Nearby for Sale

    • $285,000

      26 Acres of Rural Land

      26 acres of land with panoramic views near town.
      152 Cascade Spring Rd, Hohenwald, TN 38462
      View Details
    • $340,000

      71.85 Acres of Land

      71.85 acres with road frontage, creek, and springs.
      642 Goodman Branch Rd, Hohenwald, TN 38462
      View Details
    • Contact for pricing

      38 Acres Ready For Building

      38-acre retreat near Hohenwald, TN, with cleared homesite.
      538 Seiber Ridge Rd, Hohenwald, TN 38462
      View Details
    • $375,000

      Hohenwald Land with Utilities

      44.77 acres with well water and electricity on-site.
      1455 Little Swan Creek Rd, Hohenwald, TN 38462
      View Details
    • $127,000

      Wooded Land with Electric Hookup

      Scenic wooded land with trail, electric, and usable terrain.
      191 Seiber Ridge Rd, Hohenwald, TN 38462
      View Details
    • $175,000

      Scenic Valley Tract with Acreage

      10-acre valley property with spring, well, and utilities access.
      417 Trace Creek Rd, Hohenwald, TN 38462
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 Texas Bottom Ln
    Hohenwald, TN 38462
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1 Texas Bottom Ln, Hohenwald, TN, 38462
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!