24B Bluegill Ln Hilham, TN 38568
This exceptional 0.73-acre commercial land parcel, located at 24B Bluegill Lane in Hilham, Tennessee, presents a unique investment opportunity. Situated in Clay County, zip code 38568 (latitude 36.4264086, longitude -85.4684971), this property offers 31,799 square feet of buildable land. The asking price is $75,000. The land is part of a gated community boasting an impressive array of amenities, including a clubhouse with a pool, fitness room, game room, playground, and a fully equipped kitchen. Residents enjoy stunning lake views, rolling hills, and the tranquility of undisturbed wildlife. A sunset pavilion provides an additional entertainment area complete with an outdoor kitchen, firepit, and stone fireplace, all overlooking Dale Hollow Lake. The location offers convenient access to marinas, state parks, a fishery, and wineries. Nearby historic towns provide charming shopping and dining experiences. For larger city amenities, Cookeville is approximately 35 minutes away, while Nashville is roughly 90 minutes distant. This property is ideal for those seeking a blend of natural beauty and convenient access to urban conveniences. Don't miss this chance to build your dream project in this desirable location.
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.