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Property profile & analytics
OFF-MARKET
Land

0 Highway 22 Hornbeak, TN 38232

Property ID
Property summary
AI-generated overview

This exceptional 29,185.2 square foot lot, located at 0 Highway 22 in Hornbeak, Tennessee, presents a unique investment opportunity. Situated in Obion County, this property boasts convenient access to public utilities, including gas, electric, water, and sewer lines at the roadside. Its prime location near Reelfoot Lake makes it particularly attractive for various commercial and residential ventures. The expansive lot size offers ample space for development, potentially ideal for a recreational vehicle or camper campground, capitalizing on the area's natural beauty and recreational appeal. The property's dual commercial and residential zoning allows for flexibility in development plans, catering to a wide range of potential uses. The asking price is $250,000. This presents a compelling opportunity to acquire a substantial parcel of land in a desirable location with excellent utility access, poised for significant future growth and development. The property's address is 0 Highway 22, Hornbeak, TN 38232. Further details are available upon request.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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