2942 Newman Rd - Specialty FOR SALE


Ardmore, TN 38449
$10,995,000 USD
615-487-2100
2942 Newman Rd, Ardmore, TN for Sale
$10,995,000 USD
Specialty - FOR SALE
1/68
null | Request Cap Rate

2942 Newman Rd
Ardmore, TN 38449


HIGHLIGHTS

  • ±675 Private Acres Just Minutes from I-65
  • ±25,000 SF of Residences, Guest Accommodations, Event Facilities and Historic Structures
  • Event Destination with Capacity for Up to 299 Guests
  • ±110 Productive Agricultural Acres and ±500 Acres of Managed Wildlife Habitat
  • Turnkey Sporting Estate with Blinds, Trails and Recreational Equipment Included
  • More Than Two Centuries of Tennessee History—Ready for Its Next Chapter

OVERVIEW

King B Farm is offered as a ±675-acre mixed-use estate featuring approximately 25,000 square feet across its residential, event, guest, agricultural and support structures. Improvements include an approximately 7,500-square-foot lodge-style main residence, two guest accommodations, a restored historic horse barn converted into an event ballroom, commercial catering kitchen, ceremony garden, historic residences, barns and agricultural buildings. The event venue has previously accommodated gatherings of up to 299 guests. Event operations are not currently active, and no operating revenue or financial performance is being represented. Existing venue branding, infrastructure, event equipment and specified FF&E are included only as identified on a separate inventory. Approximately 110 acres are currently used for agricultural production, while roughly 500 acres have been managed as low-disturbance wildlife habitat. Turnkey sporting improvements include seven enclosed shooting blinds, additional ladder stands, established management areas and an extensive internal ATV and utility-vehicle trail system. Recreational equipment included in the sale will be identified separately. The property is located in unincorporated Giles County, which is not subject to county zoning regulations; however, buyers should independently verify jurisdiction, permitted uses, floodplain considerations, subdivision requirements and all other governmental approvals applicable to their intended use. All acreage, building areas, measurements, property information and potential uses are approximate and subject to independent verification by the buyer. Listing agent must be present for all property tours. Advance notice, proof of funds or lender qualification may be required before confirming a showing. Do not enter the property, contact onsite staff or drive the grounds without a confirmed appointment. No photography, video or drone use without prior consent.

FOR SALE DETAILS

PRICE

$10,995,000 USD

PRICE/SF

$2,085 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

675 AC

LAND SF

29,403,000 SF

ZONING

Unzoned

APN/PARCEL ID

028138 01600 002

ASK ABOUT THIS PROPERTY

Jamie BrandenburgCompassMore Info
615-487-2100

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Jamie BrandenburgCompassMore Info
615-487-2100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.