Technical
Financial
Distress signals
Property profile

0 Sherwood Shores Dr Spring City, TN 37381

OFF-MARKET
Land
6.19 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 6.19 ac (269,636 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Sherwood Shores Dr Spring City, TN 37381
Spring City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Sherwood Shores Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message