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Property profile & analytics
OFF-MARKET
Land

165 Fawn Ridge Rd Parsons, TN 38363

Property ID
Property summary
AI-generated overview

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.

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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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