101 Big Cedar Dr Dunlap, TN 37327
- Commercial real estate
- 1,800 SF
- 2.38 lot acres
Oct 17, 2023
Current Use by Public Records
- Commercial real estate
Property Details for 101 Big Cedar Dr
- Year built
- 1994
- Construction
- FRAME
- Lot size
- 2.38 lot acres
- Property size
- 1,800 SF
- Property type
- Commercial real estate
- APN
- 077030D A 00800
- APU
- 077030DA00800
Description
This exceptional Class A RV park, situated on 50 acres in Dunlap, Tennessee, presents a lucrative investment opportunity. Currently featuring 20 developed RV pads, this property boasts an 8,000 square foot clubhouse complete with indoor and outdoor pools, a sauna, game room, dining area, and a store. Recreational amenities include tennis and pickleball courts. The existing infrastructure includes a city-spec road system with underground utilities. Future expansion is readily possible, with room for several hundred additional pads. The expansive grounds include creeks, ponds, a 15-acre lake, and a five-mile paved community cart path/walking trail system, offering residents abundant natural beauty and recreational opportunities. The property enjoys both privacy and excellent accessibility, with nearly a mile of road frontage on a major state highway, providing easy access. Conveniently located just 30 minutes from Chattanooga and only four miles from Dunlap, this property offers a unique blend of rural tranquility and urban proximity. The asking price is $2,500,000, representing a price per square foot of $312.50 and a price per unit of $125,000. Owner financing options are available, with terms including as little as 5% down for an as-is purchase, or 20% down for a completed property. Lease-purchase options are also considered. The property is priced below appraised value.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,825,000
- ML approach
- $1,800,000
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Location Insight
- Map
- Local Demand
- City
- Dunlap
- County
- Sequatchie
- State
- Tennessee
- Longitude
- -85.3488
- Latitude
- 35.4409
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA