8574 Highway 104, Cedar Grove, TN 38321
This exceptional 160-acre (+/-) family farm in Cedar Grove, Tennessee, offers a tranquil escape with significant potential. The property boasts over 2,200 feet of frontage on Highway 104 W and over 2,600 feet on Ferguson Cemetery Road, providing multiple access points and development opportunities. A natural creek, Mill Creek, meanders through the land, enhancing its scenic beauty. The open fields and wooded areas are home to abundant wildlife, including deer and turkey, making it a hunter's paradise. Several ideal building sites are available, perfect for a custom home, family estate, or cabin. An older farmhouse and mobile home are situated on the property, offering potential investment opportunities with some renovation. Utilities, including natural gas and high-speed fiber internet, are available along Highway 104. The property's location offers a balance of rural serenity and convenient access to nearby towns. Jackson, Tennessee, is a 30-minute drive, providing shopping and entertainment options. Huntingdon and Lexington are also within easy reach, offering cultural events and outdoor recreation, respectively. The Carroll County 1000 Acre Recreational Lake, the largest man-made lake in West Tennessee, is just 12.5 miles away. Memphis is approximately 90 minutes away. This property is priced at $530,000 and presents a unique opportunity for those seeking a peaceful retreat, recreational haven, or a development project. The expansive acreage, combined with its convenient location and abundant amenities, makes this a truly remarkable property.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.