00 Acres Surgoinsville, TN 37873
This exceptional 41-acre commercial property in Surgoinsville, Tennessee, presents a unique investment opportunity. Located just outside city limits, this unrestricted and surveyed land boasts a picturesque setting with Forgey Creek running through it. Approximately 4-5 acres of flat pasture are ideal for various uses, while the remaining acreage features mature hardwood trees, offering stunning views and exceptional privacy. The property's attributes lend themselves to diverse development possibilities, from homesteading to executive-style estates, or even multi-family development. City water is accessible near the pasture, and electricity is available at the road on both access points. Modern conveniences include fiber internet access. The property's strategic location offers easy access to Kingsport (20 minutes away), a nearby municipal airport, and major highways (10 minutes). River access is also conveniently located nearby. This property is truly a rare find, combining natural beauty with convenient access to urban amenities. The asking price is $450,000. A drone video is available upon request.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.