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    256 W Lakeview Dr Hornbeak, TN 38232

    For Sale
    $2,500,000

    Other - Hornbeak, TN

    Property size:
    19,977 SF
    Lot size:
    4.18 Acres
    Days on Market:
    209
    Last Refresh:
    Dec 13 at 11:06 am

    Property Features for 256 W Lakeview Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    016.00
    Size
    19,977 SF
    Lot size
    4.18 Acres

    Utilities

    Heating system
    Central, Electric (Heating), Natural Gas, Wall Furnace
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1956
    Flooring type
    Concrete, Other, Vinyl
    Building materials
    Brick, Other
    Roof type
    Asphalt, Metal
    Architectural style
    Other

    Century 21 Golden Service Realty & Auction (731) 885-8000 [email protected]

    Listing agent BEN PARKER (731) 885-8000 License #377782

    Listing date May 19, 2025

    MLS# 45594 Listing URL

    Copyright © 2025 Reelfoot Regional Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hornbeak Resort with Multiple Structures

    This property includes 10 parcels, featuring a resort office located at 256 Lakeview Dr in Hornbeak, TN. The improvements include 20 motel rooms, a 4-bedroom house, 2 duplexes, 5 single-wide trailers, 11 RV hookups, 2 warehouses, a mechanic shop, and a swimming pool. The total living area of the improvements is 19977 square feet, situated on a 4.18-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Eagle Nest Resort ... Resort Hotel

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Food Market Convenience Store Hotel & Motel Bed & Breakfast Fish Market

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Bunch's Hunting & Fishing Ldg, Parkers Outfitting, Samburg, Old Cypress Lodge, Eagle Nest Resort Duck Hunting and Fishing

    Location Insight

    • Map
    • Local Demand
    City
    Hornbeak
    County
    Obion
    State
    Tennessee
    Longitude
    -89.35817
    Latitude
    36.37951

    Nearby Similar for Sale

    • $239,000
      38.80 Acres

      38-Acre Farm Near Reelfoot Lake

      38-acre farm with pasture, woods, and peach orchard near Reelfoot Lake.
      4211 Old Samburg Rd, Hornbeak, TN 38232
      View Details

    FAQs

    What type of property is this?
    Motel - Resort property featuring motel, house, duplexes, trailers, RV hookups, warehouses.
    Where is this motel located?
    The property is located at 256 W Lakeview Dr Hornbeak, TN.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Large resort property including 10 parcels.; - 20 motel rooms and diverse living accommodations including a 4BR house, 2 duplexes, and 5 single wide trailers.; - 11 RV hookups for additional guest capacity.
    (731) 885-8000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    256 W Lakeview Dr Hornbeak, TN 38232
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