2132 Fraker Rd Jefferson City, TN 37760
This exceptional 47-acre property in Jefferson City, Tennessee, presents a unique investment opportunity. Located at 2132 Fraker Rd, 37760, this expansive land parcel offers a blend of agricultural and residential uses. The property includes two currently rented residential homes, providing immediate income potential, and a substantial horse barn, ideal for equestrian enthusiasts or agricultural pursuits. The land is zoned residential, opening doors to various development possibilities. Its convenient location offers easy access to local amenities, including proximity to Carson-Newman College, Lowe's, and Walmart. Commuting is also simplified with its short distance to Morristown (15 minutes), Knoxville (35 minutes), and Sevierville (30 minutes). The asking price is $999,000. This property adjoins a larger 83.65-acre parcel (KAARCIE #30460677) listed separately, presenting potential for significant expansion or consolidation. With its versatile zoning, existing structures, and strategic location, this 47-acre tract is poised for substantial returns. The property's latitude and longitude coordinates are 36.134006, -83.450974 respectively. Don't miss this chance to acquire a multi-faceted property with immense potential in a thriving Tennessee community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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