Current Use by Public Records
- Land
Property Details for 0 Walnut Log Ln
- Property type
- Land
Description
This exceptional 38,768.4 square foot commercial and residential land parcel presents a unique investment opportunity on the shores of Reelfoot Lake in Union City, Tennessee. Located at 0 Walnut Log Lane, zip code 38261 (Obion County), this almost-acre lot offers unparalleled waterfront access, with deed rights extending to both sides of the road and down into the lake itself. The property's versatility allows for the construction of a variety of structures, including a residential home, a vacation cabin, or a lodge, catering to diverse investment strategies. Imagine creating your own personal retreat or developing a lucrative rental property, capitalizing on the area's high demand for lakefront accommodations. The possibility of building a boathouse provides year-round access to the lake for recreational activities. Reelfoot Lake is renowned for its exceptional fishing, duck hunting, and deer hunting, making this location highly attractive to outdoor enthusiasts. A state boat ramp is conveniently located just a short distance away, enhancing the property's accessibility and appeal. This is a rare chance to own a piece of Tennessee's natural beauty and establish a profitable venture in a highly sought-after location. The asking price for this remarkable property is $179,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Union City
- County
- Obion
- State
- Tennessee
- Longitude
- -89.331
- Latitude
- 36.4585
