CHATTANOOGA, Tenn. - Nov. 22, 2022 - PRLog -- Compass Auctions & Real Estate announces a newly listed homestead located at 1461 Miller Rd Signal Mountain, TN 37377. This listing is in the Cumberland Plateau and the closest major city is Chattanooga, TN which is 30 minutes away. Nashville, TN is two and a half hours away. The property was previously used as a farm and pasture. The auction includes
- 45 +/- acres of land,
- 5,796sq ft 4 bedrooms and 3 bathrooms barndominium,
- Attached garage/workspace,
- Barn with 17 stalls,
- 94'x30' greenhouse,
- 16 fenced areas,
- 60'x40' hay barn.
The farming sector is seen as a good investment because farmland investments have low volatility, little correlation to the stock market, and typically benefit from inflation. In the past few years, investors have been adding farmland to their portfolio due to its long history of producing solid returns. Their ROI comes from increased land values, crop yields, and/or cash rental payments. "With the right developers and creative team, there is the potential for other streams of revenue too," says Chris Wood, general manager at Compass Auctions & Real Estate. "There is so much land. Subdivisions or multi-family housing could easily be built here," he adds.
Compass Auctions & Real Estate has posted full details of the property on their website. To contact a realtor directly, call 423-702-6180 or email email@example.com. More real estate news and listings from Compass can be found on Facebook and Instagram.
Compass Auctions & Real Estate
Compass Auctions is an auction firm located in Chattanooga, TN with monthly auctions featuring industrial equipment, firearms and ammo, heavy equipment, vehicles, jewelry and collectibles, and restaurant equipment. Compass real estate works with property owners and bankruptcy trustees to auction personal property, real estate, and commercial property.
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