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Property profile & analytics
OFF-MARKET
Commercial real estate

107 Purcell Ln Leoma, TN 38468

33.95 ac lot
Property ID
US80-1049220
Property summary
AI-generated overview

This exceptional 33.95-acre property in Leoma, Tennessee, presents a unique opportunity for both commercial and recreational pursuits. Located at 107 Purcell Ln, Lawrence County, TN 38468 (35.1743723, -87.3584087), this land boasts a diverse landscape featuring scenic hardwoods with mature timber, interspersed with planted pine and established food plots. A significant asset is the year-round creek with a solid rock bottom flowing through the property, complemented by a natural spring. The property includes a charming 16x16ft one-room cabin, perfect for a weekend retreat or hunting lodge, and a substantial 24x36ft shop, ideal for equipment storage or workshop space. A well-maintained trail system allows easy navigation via UTV or ATV, providing access to the entire acreage. Abundant wildlife, including deer and turkey, makes this an ideal hunting location. Utilities are readily available at the roadside, including power, water, and high-speed internet. This is a rare opportunity to acquire a sizable tract of land in a highly desirable area where similar properties are scarce. The asking price for this remarkable property is $249,900.

Property profile
Verified
Property type Commercial real estate
Lot 33.95 ac (1,478,862 SF)
UPID US80-1049220
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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