456 Gravley Hill Rd Bethpage, TN 37022
This exceptional 8.6-acre property located at 456 Gravley Hill Rd, Bethpage, Tennessee 37022 (APN: 083065 01101) presents a unique opportunity for residential development. Zoned for residential use, this land boasts a pre-existing driveway and is soon to feature a newly constructed bridge leading to a cleared building site, significantly simplifying the construction process. The property is ready for immediate development, eliminating the need for extensive site preparation. A septic system has already been approved for a 3-bedroom, 2-bathroom dwelling, streamlining the permitting process. Situated in Sumner County, this expansive lot offers ample space for a custom home and potential landscaping. The asking price for this prime residential land is $389,000. Buyers are encouraged to conduct their own due diligence to verify all information.
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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.