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Property profile & analytics
OFF-MARKET
Commercial real estate

711 Lick Point Rd Sequatchie, TN 37374

139.24 ac lot
Property ID
US80-1134980
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 139.24 ac (6,065,294 SF)
UPID US80-1134980
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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