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    Property profile & analytics

    5750 Wassom Memorial Hwy Grandview, TN 37337-5801

    • Commercial real estate
    • 7.22 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Last Sale
    Mar 03, 2022
    $280,000
    Location Intelligence
    Property ID
    US80-2989776
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grandview RV Park / Rv Park

    Property Details for 5750 Wassom Memorial Hwy

    Lot size
    7.22 lot acres
    Property type
    Commercial real estate
    APN
    011 01406
    APU
    1101406

    Description

    This exceptional 12-acre property in Grandview, Tennessee, presents a unique investment opportunity. Located at 5750 Wassom Memorial Highway, this unrestricted land boasts a pre-existing RV park with 14 sites, each equipped with full 30/50 amp hookups. The park features three 1,000-gallon septic systems and city water access. A wireless fiber mesh internet network ensures modern connectivity. A small utility building, plumbed for laundry, is included. The property's elevated position on Grandview Mountain offers peace and quiet, while proximity to Watts Bar Lake and Piney Falls State Nature Areas provides recreational appeal. With no zoning restrictions, the possibilities are vast, including expansion of the RV park, addition of tiny homes, boat/RV storage, or even an owner's residence. The asking price is $350,000. Soil maps are available. The property is easily accessible, located just off Highway 68W, approximately 4.5 miles from Spring City, after passing the Dollar General. The 200 square foot utility building conveys with the sale. The total lot size is 532,303 square feet.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $365,000
      6.5%
      $340,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $320,000
      Geo Method
      $375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $395,000
      Retail
      $355,000
      Mixed-Use
      $340,000
      Hospitality
      $405,000
      Educational
      $355,000
      Residential Income
      $370,000
      Energy
      $350,000
      Income-Based Land
      $370,000
      Food Service
      $375,000

    Location Insight

    • Map
    • Local Demand
    City
    Grandview
    County
    Rhea
    State
    Tennessee
    Longitude
    -84.844
    Latitude
    35.7506
    CBSA code
    19420
    CBSA name
    DAYTON, TN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $12,960
    $28,960
    $41,920
    -
    $32,400
    $72,400
    $104,800

    Comparable in this City

    • Value Estimation by Request
      3,660 SF

      7139 Wassom Memorial Hwy

      COMMERCIAL (GENERAL) • 3,660 SF
      7139 Wassom Memorial Hwy, Grandview, TN 37337-5837
      View Details
    • Value Estimation
      $170,000
      1,600 SF

      6845 Wassom Memorial Hwy

      COMMERCIAL (GENERAL) • 1,600 SF
      6845 Wassom Memorial Hwy, Grandview, TN 37337-5853
      View Details
    • Value Estimation by Request
      34,500 SF

      664 Nck Rd

      COMMERCIAL (GENERAL) • 34,500 SF
      664 Nck Rd, Grandview, TN 37337-5514
      View Details
    • Value Estimation by Request
      1,440 SF

      7139 Wassom Memorial Hwy

      COMMERCIAL (GENERAL) • 1,440 SF
      7139 Wassom Memorial Hwy, Grandview, TN 37337-5837
      View Details
    • Value Estimation by Request
      1,600 SF

      5159 Wassom Memorial Hwy

      RETAIL STORES (PERSONAL SERVICES) • 1,600 SF
      5159 Wassom Memorial Hwy, Grandview, TN 37337
      View Details
    • Value Estimation by Request
      1,400 SF

      7001 Wassom Memorial Hwy

      RETAIL STORES (PERSONAL SERVICES) • 1,400 SF
      7001 Wassom Memorial Hwy, Grandview, TN 37337-5818
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Grandview Land: Farm, Home Site

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      View Details
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    5750 Wassom Memorial Hwy
    Grandview, TN 37337-5801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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