Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Excalibur Trl Cedar Grove, TN 38321

    Property Lookup

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

    Excalibur Trl Cedar Grove, TN 38321

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Excalibur Trl

    Property type
    Land

    Description

    This exceptional 5.4-acre property, identified as Lot 267 at 0 Excalibur Trail in Cedar Grove, Tennessee, presents a unique opportunity. Boasting a substantial 235,224 square feet of land, this parcel offers a picturesque building site atop a hill, accessed via a long chert driveway. The property enjoys seasonal lake views, providing a tranquil and relaxing setting ideal for constructing a custom home. Situated within the gated Indian Lake community, residents benefit from access to a community boat dock at no additional cost. Indian Lake itself is a professionally managed lake, endorsed by renowned angler Jimmy Houston. The property's location is in Carroll County, Tennessee, with a zip code of 38321, and coordinates of 35.8550027 latitude and -88.5251388 longitude. The asking price for this remarkable property is $64,900. This combined commercial and residential zoned lot offers a rare blend of serenity and convenience, making it an attractive investment for those seeking a peaceful retreat with lake access. The property is zoned for both commercial and residential use.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Grove
    County
    Carroll
    State
    Tennessee
    Longitude
    -88.5251
    Latitude
    35.855

    Comparable in this City

    • Value Estimation by Request

      Excalibur Trl

      Land
      0 Excalibur Trl, Cedar Grove, TN 38321
      View Details
    • Value Estimation by Request

      233 Zara Spook

      Land
      233 Zara Spook, Cedar Grove, TN 38321
      View Details
    • Value Estimation by Request

      116 Zara Spook

      Specialty properties
      116 Zara Spook, Cedar Grove, TN 38321
      View Details
    • Value Estimation by Request

      400 Summit Chase Rd

      Farms
      400 Summit Chase Rd, Cedar Grove, TN 38321
      View Details
    • Value Estimation by Request

      36 Zara Spook Dr

      Land
      36 Zara Spook Dr, Cedar Grove, TN 38321
      View Details
    • Value Estimation by Request

      Excalibur Trl

      Land
      0 Excalibur Trl, Cedar Grove, TN 38321
      View Details

    Similar Nearby for Sale

    • $50,000
      95,832 SF

      2.2 Acre Corner Lot

      2.2 acre corner lot across from Indian Lake.
      983 Strike King Dr, Cedar Grove, TN 38321
      View Details
    • $849,900
      65.00 Acres

      65 Acres Wooded Land

      65 acres of wooded land with lake frontage.
      Leach Rd, Cedar Grove, TN 38321
      View Details
    • Contact for pricing

      Wooded Lot in Gated Community

      1.2 acre wooded lot in gated Indian Lake community.
      1245 Strike King Dr, Cedar Grove, TN 38321
      View Details
    • $55,000
      7.62 Acres

      Land on Auction Lane

      7.62 acres in Carroll County, Tennessee, ideal for recreation.
      Auction Ln, Cedar Grove, TN 38321
      View Details
    • $649,000

      Profitable Business Opportunity on Highway 70

      Established business with convenience store, service center, and residential apartment.
      9100 Highway 70, Cedar Grove, TN 38321
      View Details
    • New
      $95,000
      3.18 Acres

      Income Property in Cedar Grove

      3.18-acre property with a house and five mobile homes.
      Charles Ln, Cedar Grove, TN 38321
      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.
    Excalibur Trl
    Cedar Grove, TN 38321
    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!