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Property profile & analytics
OFF-MARKET
Commercial real estate

6899 Old Mill Creek Rd Nunnelly, TN 37137

41.25 ac lot
Property ID
US80-2298689
Property summary
AI-generated overview

This exceptional 41.25-acre commercial property in Nunnelly, Tennessee, presents a unique investment opportunity. The land boasts significant frontage on two roads, offering excellent accessibility and visibility. Improvements include a 1,905 square foot, three-bedroom, two-bathroom home built in 2022, featuring an open floor plan, stone fireplace, pellet stove, custom kitchen cabinets, granite countertops, and a walk-in pantry. A substantial 40x38 three-car attached garage provides ample storage. Additional features include a gated ranch entrance, split rail fencing, a small pond (with an extension started), a combination of rolling fields and woodland (mostly fenced), stunning sunset views, a constant pressure well system, a grain bin gazebo, underground electric, concrete parking, and a 14x40 covered concrete porch with cypress timber frame posts and pine tongue and groove. One additional building site is already perked. The property's diverse features make it suitable for a variety of commercial ventures, including agricultural uses, or as a base for a larger development. Parcel number is 041046 01105 00005046. Annual property taxes are $2,130. A virtual tour is available. Asking price is $1,450,000.

Property profile
Verified
Property type Commercial real estate
Lot 41.25 ac (1,796,850 SF)
UPID US80-2298689
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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