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    162 Creekside Dr Ocoee, TN 37361

    For Sale
    $242,780

    Prime 1.22-acre commercial lot near new Food City.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.22-acre commercial lot, identified as Lot 20 in the Ocoee Town and Country development, presents a remarkable investment opportunity. Located at 162 Creekside Dr, Ocoee, TN 37361 (APN: 064B C 020), this property boasts a highly desirable location at the intersection of Highways 411 and 64, ensuring exceptional visibility and accessibility. The lot is zoned for commercial use, making it ideal for a wide range of retail businesses. Its proximity to the newly constructed Food City Plaza further enhances its appeal, offering potential synergy and increased foot traffic. This prime parcel is situated in Polk County, Tennessee, and offers significant potential for growth and return on investment. The asking price is $242,780. The property is being offered for sale by owner. Serious inquiries are encouraged to explore this exceptional opportunity to establish a thriving business in a high-traffic area. This is a rare chance to secure a well-located commercial lot in a rapidly developing area. Don't miss out on this chance to capitalize on the growth potential of this strategic location.

    Property Features for 162 Creekside Dr

    General Information

    Property type
    Land
    Lot Size
    53,143 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness Pharmacy Department Store Skin Care Clinic Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ocoee
    County
    Polk
    State
    Tennessee
    Longitude
    -84.72156
    Latitude
    35.13075

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    FAQs

    What type of property is this?
    Land - Prime 1.22-acre commercial lot near new Food City.
    Where is this land located?
    The property is located at 162 Creekside Dr Ocoee, TN.
    What is the asking price?
    The asking price for this property is $242,780.
    (423) 472-2173
    Request Owner's contact information
    162 Creekside Dr Ocoee, TN 37361
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    Ocoee, TN 37361
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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
    162 Creekside Dr Ocoee, TN 37361
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