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    246 Boat Dock Rd 3.6 Acres Mooresburg, TN 37811

    Sponsored
    For Sale
    $999,500

    East TN Waterfront Investment - Huge Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 3.6-acre mixed-use property in Mooresburg, Tennessee, presents a unique investment opportunity. Situated on the main channel of Cherokee Lake, boasting over 400 miles of shoreline, this waterfront campground offers significant potential for expansion and redevelopment. The property includes city water and several individual electric meters. Its prime location provides convenient access to gas and groceries, just a 10-minute drive away. The existing infrastructure includes a three-bedroom, approximately 2000 square foot house, previously used as a medical office, which, with minor renovations, could generate rental income. Beneath the house is a boat repair shop. A block foundation at the water's edge appears intact and could be repurposed. The campground itself, with strategic redesign, could accommodate many more campsites and potentially at least 100 boat slips. The property's substantial acreage and prime lakefront location also present possibilities for subdivision and the development of lakefront homes. The scarcity of comparable campground/marina properties in the area makes this a truly rare and potentially highly profitable venture. High-quality drone footage is available upon request. Further details are available.

    Property Features for 246 Boat Dock Rd 3.6 Acres

    General Information

    Property type
    Mixed-use properties
    Lot Size
    156,816 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Mooresburg
    County
    Hawkins
    State
    Tennessee
    Longitude
    -83.2225
    Latitude
    36.3487

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    FAQs

    What type of property is this?
    Mixed-use property - East TN Waterfront Investment - Huge Potential
    Where is this mixed-use property located?
    The property is located at 246 Boat Dock Rd 3.6 Acres Mooresburg, TN.
    What is the asking price?
    The asking price for this property is $999,500.
    (865) 993-5263
    Request Owner's contact information
    246 Boat Dock Rd 3.6 Acres Mooresburg, TN 37811
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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
    246 Boat Dock Rd 3.6 Acres Mooresburg, TN 37811
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