165 Fawn Ridge Rd Parsons, TN 38363
This exceptional offering presents two combined building lots totaling 29,620.8 square feet within the exclusive, gated Featherfoot Point community on Fawn Ridge Road in Parsons, Tennessee (Lots 172 & 165). Situated in Decatur County, zip code 38363, this property provides a unique opportunity to build a primary residence or a secluded getaway. The lots are part of a private gated community with restrictive covenants, ensuring a peaceful and exclusive environment. The community boasts a private boat ramp offering direct access to the Beech River, which connects to the Tennessee River, opening up a world of recreational opportunities. Nearby attractions include the TN River Golf Course, Mermaid Marina, Perryville Marina, and Fisherdale Dock. The location is conveniently situated between Memphis and Nashville, approximately 20 minutes from Interstate 40. Note that only site-built homes are permitted; camping or mobile homes are prohibited. The asking price for this combined parcel is $6,000. This is a rare chance to own a piece of this desirable Tennessee riverfront community.
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
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Property description
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No recorded transactions found for this property.
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Risks
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