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    233 Zara Spook Cedar Grove, TN 38321

    For Sale
    $35,000

    Gated community lot, ideal for home or cabin.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 126,324 square foot lot, located at 233 Zara Spook (Lot 146) in the gated Indian Lake community of Cedar Grove, Tennessee (zip code 38321), presents a unique opportunity for development. The property boasts a park-like setting, having already undergone forestry mulching. Its 2.9-acre size offers multiple potential building sites, perfect for constructing a dream home or a tranquil fishing cabin. The location is highly desirable, offering convenient walking access to the community pavilion and boat dock. Property owners enjoy the benefit of free use of the boat dock slips. Indian Lake itself is a professionally managed lake, endorsed by Jimmy Houston, renowned for its trophy bass fishing. This is a rare chance to own a piece of this desirable Tennessee lakefront community. The asking price for this commercial and residentially zoned land is $35,000. The property is situated in Carroll County. Latitude and longitude coordinates are 35.853431 and -88.530709 respectively.

    Property Features for 233 Zara Spook

    General Information

    Property type
    Land

    HighLights

    • 2.9‑acre lot (126,324 sq ft) in desirable Indian Lake community, Cedar Grove, TN (38321).
    • Park‑like setting, already mulched.
    • Multiple building sites ideal for residential development.
    • Walking distance to community pavilion and boat dock; free dock slip usage.
    • Professionally managed lake known for trophy bass fishing; endorsed by Jimmy Houston.
    • Commercially and residentially zoned; $35,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cedar Grove
    County
    Carroll
    State
    Tennessee
    Longitude
    -88.530709
    Latitude
    35.853431

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    FAQs

    What type of property is this?
    Land - Gated community lot, ideal for home or cabin.
    Where is this land located?
    The property is located at 233 Zara Spook Cedar Grove, TN.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: 2.9-acre lot (126,324 sq ft) in desirable Indian Lake community, Cedar Grove, TN (38321).; Park-like setting, already mulched.; Multiple building sites ideal for residential development.
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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
    233 Zara Spook Cedar Grove, TN 38321
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