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    3 Star Rd Sparta, TN 38583

    • Land
    For Sale
    View listing
    $99,900
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3 Star Rd

    Property type
    Land

    Description

    This exceptional 1.2-acre commercial lot, identified as Lot 3 N Star Rd, presents a unique investment opportunity in Sparta, Tennessee. Priced at $99,900, this property boasts a substantial 52,272 square feet of land (APN: 037 001.20) and a captivating natural feature: a waterfall located on the property itself. Its secluded location on N Star Rd offers peace and tranquility, yet provides convenient access to amenities. A short 20-minute drive connects you to the shopping and dining options in Sparta, while various boat launches and marinas, including Sligo Marina on Center Hill Lake, are less than 45 minutes away. The proximity to the Upper Cumberland airport (within 30 minutes) further enhances its appeal. This property's size is ideal for a variety of uses, including a permanent residence, vacation home, or investment property. The manageable lot size minimizes upkeep while still providing ample space for enjoyment. The combination of natural beauty, convenient location, and versatile potential makes this a truly remarkable offering. This is a rare opportunity to own a piece of Tennessee's natural landscape with significant investment potential.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sparta
    County
    White
    State
    Tennessee
    Longitude
    -85.3963
    Latitude
    35.9578

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    3 Star Rd
    Sparta, TN 38583
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    Realmo Value Estimation

    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.

    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.

    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
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