107 Purcell Ln Leoma, TN 38468
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.