Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    359 Allen Sells Ln Alpine, TN 38543

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    359 Allen Sells Ln Alpine, TN 38543

    View on Map
    • Mobile home & RV parks
    • 2,400 SF
    • 15.45 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Quiet Place Campground / Campground & RV Park

    Property Details for 359 Allen Sells Ln

    Year built
    2023
    Lot size
    15.45 lot acres
    Property size
    2,400 SF
    Property type
    Mobile home & RV parks
    Property subtype
    Mixed-use properties

    Description

    This turnkey RV park, "The Quiet Place Campground," presents a unique investment opportunity. Located on 15.45 acres in Alpine, Tennessee (38543), this property boasts eight RV campsites, each equipped with water, electric, and sewer hookups. Two buildings are included: a main log cabin featuring an on-site 911 emergency phone, and a separate, off-grid steel metal building (insulated, heated, and cooled) currently serving as the owner's residence. The park also features a professionally assembled playground and ample space for expansion, with five 50-foot lots and three 70-foot deep lots available. The property includes a Kubota Side-by-Side and tractor (purchased new in March 2024), valued at $60,000, along with a Connex building stocked with supplies for on-grid building projects. Two additional building sites are available for potential expansion into Airbnb cabins or a single-family home. The park is conveniently located just three miles from East Port Marina and Dock on Dale Hollow Lake and twelve miles outside of Livingston City Limits. Wifi is available, and all necessary websites, social media, and advertising are established for an April 2025 opening. The asking price is $799,900, with a total square footage of 2,400. The property was completed in the fall of 2024. This is an exceptional opportunity for an owner-user seeking a profitable and established business.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alpine
    County
    Overton
    State
    Tennessee
    Longitude
    -85.1632
    Latitude
    36.4328

    Comparable in this City

    • Value Estimation by Request
      2,100 SF

      359 Allen Sells Ln

      Mixed-use properties • 2,100 SF
      359 Allen Sells Ln, Alpine, TN 38543
      View Details
    • Value Estimation by Request
      1,275 SF

      1093 Boles Beaty Rd

      Hospitality properties • 1,275 SF
      1093 Boles Beaty Rd, Alpine, TN 38543
      View Details
    • Value Estimation by Request
      3,360 SF

      5615 Eastport Rd

      Motels • 3,360 SF
      5615 Eastport Rd, Alpine, TN 38543
      View Details
    • Value Estimation by Request

      Allen Sells Ln

      VACANT COMMERCIAL LAND
      Allen Sells Ln, Alpine, TN 38543
      View Details
    • Value Estimation by Request

      Bolestown Rd

      VACANT COMMERCIAL LAND
      Bolestown Rd, Alpine, TN 38543
      View Details
    • Value Estimation by Request

      Ledford Ln

      VACANT COMMERCIAL LAND
      Ledford Ln, Alpine, TN 38543
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale

      Land available on Jamestown Hwy, Alpine, TN.
      79 Jamestown Hwy, Alpine, TN 38543
      View Details
    • $152,900
      7.37 Acres

      Land Near Dale Hollow Lake

      7.37 acre lot near Dale Hollow Lake.
      Bolestown Loop, Alpine, TN 38543
      View Details
    • $549,000
      3,360 SF

      Lake View Multi-Family Home

      Furnished multi-family home with lake views and extensive amenities.
      5615 Eastport Rd, Alpine, TN 38543
      View Details
    • $127,900
      5.56 Acres

      Land Near Dale Hollow Lake

      5.56 acre lot in new development near Dale Hollow Lake.
      Bolestown Loop, Alpine, TN 38543
      View Details
    • $128,500
      5.60 Acres

      Land Near Dale Hollow Lake

      5.6 acre lot in new development near Dale Hollow Lake.
      Bolestown Loop, Alpine, TN 38543
      View Details
    • $595,000
      26.30 Acres

      26.3 Acres Riverfront Land in Alpine

      Rare riverfront acreage near Dale Hollow Lake with building potential.
      5480 Eastport Rd, Alpine, TN 38543
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    359 Allen Sells Ln
    Alpine, TN 38543
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!