246 Boat Dock Rd 3.6 Acres, Mooresburg, TN 37811
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.