1368 Mount Lebanon Rd, Decaturville, TN 38329
This 14.08-acre unrestricted property in Decaturville, Tennessee, presents a unique investment opportunity. Located at 1368 Mt Lebanon Road, Decatur County, zip code 38329, the land boasts a substantial 613,324.8 square feet. The property features 760 feet of road frontage and includes an existing, older home at the front. Surrounding vacant land contributes to the area's thriving whitetail deer population, making it ideal for hunting enthusiasts. The Tennessee River, known for its excellent fishing and boating opportunities, is just a short distance away, with multiple boat ramps easily accessible. This location offers the convenience of placing a camper, mobile home, or building a new residence. Situated minutes from the charming towns of Decaturville and Parsons, the property provides a peaceful rural setting while remaining conveniently located 25 minutes from Interstate 40, bridging the gap between Memphis and Nashville. The asking price for this exceptional property is $98,500.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.