Technical
Financial
Distress signals
Property profile

0 Hwy 641 Hwy Parsons, TN 38363

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 41.2-acre property, located on Highway 641 Highway in Parsons, Tennessee, presents a unique opportunity for diverse development. The expansive 1,793,365.2 square foot lot offers ample space for a variety of uses, including residential construction, agricultural pursuits, or a combination thereof. Its heavily wooded character provides significant privacy and a tranquil setting. The property's unrestricted nature allows for considerable flexibility in planning and development, making it an ideal canvas for realizing personal or commercial aspirations. Situated in Decatur County, Tennessee, with a 38363 zip code, this land parcel is conveniently located while maintaining a secluded atmosphere. The property's size and location make it a rare find, offering both seclusion and accessibility. Buyers are encouraged to explore the possibilities this expansive tract offers, from building a custom home to establishing a thriving farm operation. This is a chance to own a significant piece of Tennessee land with immense potential.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Hwy 641 Hwy Parsons, TN 38363
Parsons metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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