Property profile

36 Zara Spook Dr Cedar Grove, TN 38321

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

Property summary

AI-generated overview

This exceptional 6-acre property, located at 36 Zara Spook Drive in the gated Indian Lake community of Cedar Grove, Tennessee (zip code 38321), presents a unique investment opportunity. Boasting a generous 252,648 square feet of land, this parcel offers a multitude of possibilities. Currently configured for recreational use, the property features three full 50-amp camper hookups, perfect for RV enthusiasts. A level, graveled circle drive ensures easy access and maneuverability for RVs. Mature trees provide privacy and a tranquil setting. Residents enjoy access to the community's 100-acre lake, ideal for fishing and kayaking. A fire pit adds to the outdoor recreational appeal. The property's versatility extends beyond recreational use; its ample size allows for the construction of a residential dwelling, such as a house or cabin, making it an attractive option for those seeking a permanent residence in a peaceful, natural environment. This property is zoned for both commercial and residential use, offering flexibility for a variety of development plans. The location within the secure Indian Lake community provides added peace of mind. This is a rare opportunity to acquire a substantial parcel of land with existing infrastructure in a desirable Tennessee location.

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

Location

36 Zara Spook Dr Cedar Grove, TN 38321
Cedar Grove 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 36 Zara Spook 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