0 Sherwood Shores Dr Spring City, TN 37381
This exceptional 6.19-acre commercial land parcel in Spring City, Tennessee, presents a unique opportunity. Boasting breathtaking views of Watts Bar Lake, this property is ideally situated for a variety of commercial ventures. Previously permitted for a four-bedroom home, the site offers significant advantages for developers. The seller has already completed road construction and partially cleared the hilltop, streamlining the building process. Utilities are conveniently located at the roadside, eliminating infrastructure hurdles. The property's prime location provides easy access to the lake, perfect for water-related businesses or projects that capitalize on the stunning scenery. Enjoy the tranquility of the surrounding trees while benefiting from the proximity to recreational activities like boating and fishing. This is a rare chance to acquire a ready-to-develop commercial site with exceptional lake views in a desirable Tennessee location. The asking price is $99,500. A video showcasing the property is available online. This property is located at 0 Sherwood Shores Dr, Spring City, TN 37381, in Rhea County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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