Tennessee Unrestricted Land for Sale - 1,284 Properties (2024)

FAQs

What does unrestricted land mean in Tennessee? ›

Just as it sounds, unrestricted land doesn't have any rules or requirements for how you can use or develop the land. That means that there aren't: ● Zoning laws. ● Deed requirements. ● Not within a city, town, or municipality.

Statewide, an average acre of Tennessee land is worth $14,400, but it's all about location.

Over the past few decades, buying Tennessee land has proven to be a lucrative investment. This state is a hub for agriculture, and it's home to dozens of high-profile companies and industries. More people are attracted to Tennessee for its business opportunities, which has increased the value of local land.

There are 22 available properties to buy in Middle Tennessee listed at $52,351 on average, with each acre priced at $5,567. For more properties near here, browse land for sale in Middle Tennessee.

To be exempt from county zoning regulation under Tenn. Code Ann. § 13-7-114, a building or structure must meet two requirements: (1) it must be located on lands “devoted to agricultural uses;” and (2) it must be “incidental to the agricultural enterprise.” Tenn. Code Ann.

Tennessee's exemption for personal property is $10,000. Individual homeowners in Tennessee, then, can exempt a total of $15,000 in real and personal property combined using this and the homestead exemption compared with a total of $24,200 if the federal exemptions were available.

Job Growth and Migration Drive Up Demand

With Tennessee's business-friendly environment, more and more companies are relocating here, bringing new residents with them. This ongoing migration and job growth lead to greater housing demand, naturally driving up land prices.

The ten states with the cheapest land are Arizona, New Mexico, Mississippi, Colorado, Arkansas, New York, Missouri, Oregon, Alabama, and Michigan. Arizona is the cheapest state to buy land with a median price of $4,164 per acre.

We recommend you go straight to LandWatch, Lands of America, or LoopNet - you'll almost surely find what you're looking for. Plain and simple.

To qualify for a land loan in Tennessee, lenders typically require a minimum credit score of 720 and down payments ranging from 10% to 50%, depending on the type of land. It's essential to research specialized lenders and compare terms to find the right fit for your land acquisition needs.

Do you pay taxes on land in Tennessee? ›

How is property taxed in Tennessee? Property tax is a local tax based on the value of your house and land, which is determined by county assessors. The average tax rate was 0.67 percent of a property's assessed value in 2021, according to the Tax Foundation. Rates vary by county and municipality.

Which regions of Tennessee are popular for purchasing land? Shelby County and Memphis anchor west Tennessee, Davidson County and Nashville are the hub of middle Tennessee and Knox County and Knoxville dominate east Tennessee. Just east of Knoxville sits Sevier County, which has the most land available in the state.

Tennessee Average Farm Sales

The average sale price for all counties in Tennessee in 2019 was $3,990/acre.

According to Wisevoter, Arizona is the cheapest state in the United States to buy land. As of 2023, Arizona's median price per acre is only $4,164.

Land can be had for around $4,700 per acre per the USDA. Soil in the east is ideal for growing tomatoes, as the limestone in it gives crops an acidic taste. Farms for sale in Tennessee can be found throughout the state, as can rural parcels that provide hunting and fishing opportunities.

Unrestricted area or "uncontrolled area" means any area, access to which is neither restricted nor controlled by the licensee or registrant.

Restricted-Use Lands include the National Park System and the National Wilderness Reservation System. 9. The National Park System includes 54 major parks and 324 National Recreation areas, monuments, memorials, battlefields parkways, seashores, etc.

A: Generally speaking covenants running with the land are perpetual. The Master Deed may have some limitations or the HOA may fall into disarray. They may become unenforceable, but are not rescinded per se, as once they are out there, it is forever. You might try to transfer in violation of them and take a chance.