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    Mixed-use properties

    246 Boat Dock Rd 3.6 Acres, Mooresburg, TN 37811

    3.6 ac lot Built 1970
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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