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246 Boat Dock Rd 3.6 Acres Mooresburg, TN 37811

OFF-MARKET Mixed-use properties Google Maps
3.6 ac lot Built 1970
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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 profile

Verified
Property type Mixed-use properties
Year built 1970
Lot 3.6 ac (156,816 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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