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    116 Zara Spook Cedar Grove, TN 38321

    Sponsored
    For Sale
    $75,000

    6.6-Acre Gated Community Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 6.6-acre lot (287,496 sq ft), located at 116 Zara Spook (Lot 139) in the desirable gated community of Indian Lake, Cedar Grove, Tennessee (zip code 38321), presents a unique opportunity for commercial or residential development. The property boasts a level terrain, ideal for construction. Situated within a professionally managed community endorsed by Jimmy Houston, this location offers unparalleled access to recreational amenities. Enjoy a short, three-minute walk to the community pavilion and boat dock, complete with complimentary boat slips. Indian Lake itself is renowned for its excellent fishing, with opportunities to catch bream, crappie, catfish, and trophy bass. Kayaking enthusiasts will also appreciate the serene waters. The asking price for this remarkable property is $75,000. This quiet, friendly community provides the perfect setting for building a dream home, a fishing cabin, or exploring various commercial ventures. The property is conveniently located in Carroll County, Tennessee, offering easy access to local amenities and attractions. This is a rare opportunity to own a substantial piece of land in a highly sought-after location. Don't miss out on this chance to secure your piece of paradise.

    Property Features for 116 Zara Spook

    General Information

    Property type
    Specialty properties

    HighLights

    • 6.6‑acre lot (287,496 sq ft) in Indian Lake, Cedar Grove, TN (38321).
    • Level terrain, ideal for commercial or residential development.
    • Gated community with access to amenities including a pavilion and boat dock with complimentary slips.
    • $75,000 asking price.
    • Located in Carroll County, TN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cedar Grove
    County
    Carroll
    State
    Tennessee
    Longitude
    -88.527775
    Latitude
    35.855705

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    FAQs

    What type of property is this?
    Specialty property - 6.6-Acre Gated Community Lot
    Where is this specialty property located?
    The property is located at 116 Zara Spook Cedar Grove, TN.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: 6.6-acre lot (287,496 sq ft) in Indian Lake, Cedar Grove, TN (38321).; Level terrain, ideal for commercial or residential development.; Gated community with access to amenities including a pavilion and boat dock with complimentary slips.
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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
    116 Zara Spook Cedar Grove, TN 38321
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