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    Samburg, TN 38232

    For Sale
    $3,975,000

    Restaurant - Samburg, TN

    Property size:
    17,449 SF
    Lot size:
    8.00 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    in agent remark
    Size
    17,449 SF
    Lot size
    8.00 Acres

    Utilities

    Heating system
    See Remarks (Heating)
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    1960
    Building materials
    Brick, Other
    Roof type
    Metal, Other
    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 Nov 13, 2025

    MLS# 45998 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

    Turnkey Resort and Restaurant Opportunity

    This offering features a Tennessee Premiere Resort, SouthShore Resort, and The Boathouse Restaurant, which has 80 seats. The restaurant is fully equipped and ready to operate. The sale includes a motel, marina, Spicer Park, cabins, bunkhouse, lodges, mobile homes, a four-bedroom house, bait shop, and Reelfoot Lake Ice Company with machines, coolers, and a trailer. Also included are aluminum boats with 30 motors, a 15-foot pontoon boat, and multiple kayaks and canoes. The property boasts a shoreline of approximately 1100 feet. The property is located in Samburg, Tennessee. The property has a size of 17449 square feet and sits on 8 acres.
    Location Intelligence

    Current Use by Public Records

    Resorts

    Map

    City
    Samburg
    County
    Obion
    State
    Tennessee
    Longitude
    -89.2973
    Latitude
    36.3576

    FAQs

    What type of property is this?
    Resort - Fully equipped resort with restaurant, motel, marina, and more.
    Where is this resort located?
    The property is located at Samburg, TN.
    What is the asking price?
    The asking price for this property is $3,975,000.
    What are key features of this property?
    This property features: - Fully equipped and operational resort, restaurant (80 seats), and supporting businesses included.; - Extensive waterfrontage of approximately 1100 feet on Reelfoot Lake.; - Diverse accommodation options include a Motel, Cabins, Bunkhouse, Lodges, Mobile Homes, and a 4-bedroom House.
    (731) 885-8000
    Request Owner's contact information
    Samburg, TN 38232
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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
    Samburg, TN 38232
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