711 Lick Point Rd, Sequatchie, TN 37374

Property Details for 711 Lick Point Rd

Lot size

139.24 lot acres

Property type

Commercial real estate

Description

This exceptional 139.24-acre property in Marion County, Tennessee, presents a unique investment opportunity. Located at 711 Lick Point Rd, Sequatchie, TN 37374, this expansive land parcel boasts rolling hills and long-range views, enhanced by the majority of the acreage being cleared. The property is conveniently bisected by Lick Point Road, providing easy access to county water, electricity, and fiber optics on both sides. Its strategic location offers a blend of seclusion and accessibility, situated just 45 minutes from downtown Chattanooga, 25 minutes from Lake Nickajack, and less than 5 minutes from Foster Falls, a stunning 60-foot waterfall within the South Cumberland State Park. The burgeoning Jasper Highlands mountaintop community is also within easy driving distance. A significant advantage is the existing homestead on the northeast side of Lick Point Road, featuring a three-bedroom, two-bathroom home, a barn suitable for farm animals, and a pond. This homestead has undergone substantial upgrades and could easily be separated from the main property, potentially with 5-10 acres. The property is further enhanced by the availability of smaller, individually surveyed parcels: 27.62 acres for $250,000, 33.97 acres for $305,000, or a combined 61.59 acres for $555,000. These parcels are already listed online. The current property tax for the entire 139.24 acres is $1,001.61, subject to change with the purchase of a smaller lot. These parcels are eligible for the Greenbelt program, offering potential property tax reductions. The asking price for the entire 139.24-acre property, including the homestead, is $1,400,000.

Location Insight

City

Sequatchie

County

Marion

State

Tennessee

Longitude

-85.6529456

Latitude

35.1940453