This exceptional 51-acre property in Baxter, Tennessee, presents a unique investment opportunity. Zoned AG, it offers versatile usage potential, blending agricultural, residential, and commercial possibilities. The land boasts a convenient location with 860 feet of road frontage along Highway 70N, easily accessible from exit 280. Utilities are readily available, including electricity, telephone, natural gas, and public water. A pond is situated on the property, adding to its appeal. The land has already been surveyed for convenience, though buyers are advised to independently verify all details. The asking price is $695,000. Detailed directions are as follows: From Baxter exit 280, take Gainesboro Highway for 2.1 miles, turn right onto Nashville Highway (Highway 70), and proceed approximately 1 mile; the property will be on the left. This property is ideal for a variety of uses and represents a strong investment in Putnam County's thriving market. The property's size and utility access make it a highly desirable location.
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
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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.