120 Old Jackson Rd Trenton, TN 38382
Exceptional farming opportunity in Gibson County, Tennessee. This expansive property encompasses approximately 80 acres of tillable land at 120 Old Jackson Road, Trenton, TN 38382. Currently used for corn and soybean cultivation, the land offers significant potential for continued agricultural production. The property includes an open barn, recently updated with a new roof, previously used for cattle and now ready for various uses. A corn crib is also present on the site. Adding to the property's versatility, approximately 1.5 acres are currently undergoing a survey for potential residential development. This presents a unique chance to combine agricultural operations with residential possibilities. The total land area is 5,314,320 square feet. An additional property, MLS Listing 242857, is available for purchase separately or in conjunction with this offering. This presents a rare opportunity to acquire a substantial and versatile agricultural property with significant development potential in a desirable Tennessee location. The asking price for this exceptional property is $589,000.
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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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.