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2942 Newman Rd 5,274 SF Specialty Building Offered at $10,995,000 in Ardmore, TN 38449
Investment Highlights
- ±675 Private Acres Just Minutes from I-65
- Event Destination with Capacity for Up to 299 Guests
- Turnkey Sporting Estate with Blinds, Trails and Recreational Equipment Included
- ±25,000 SF of Residences, Guest Accommodations, Event Facilities and Historic Structures
- ±110 Productive Agricultural Acres and ±500 Acres of Managed Wildlife Habitat
- More Than Two Centuries of Tennessee History—Ready for Its Next Chapter
Executive Summary
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.
Property Facts
| Price | $10,995,000 | Lot Size | 675.00 AC |
| Price Per SF | $2,084.76 | Building Size | 5,274 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2010 |
| Building Class | C | ||
| Zoning | Unzoned | ||
| Price | $10,995,000 |
| Price Per SF | $2,084.76 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 675.00 AC |
| Building Size | 5,274 SF |
| No. Stories | 1 |
| Year Built | 2010 |
| Zoning | Unzoned |
Amenities
- Air Conditioning
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 028138 01600 002 | Improvements Assessment | $113,560 |
| Land Assessment | $24,600 | Total Assessment | $138,160 |
Property Taxes
Parcel Number
028138 01600 002
Land Assessment
$24,600
Improvements Assessment
$113,560
Total Assessment
$138,160
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