0 Dykes Ln LaFollette, TN 37766
This exceptional 76.4-acre property presents a remarkable opportunity for development on the shores of Norris Lake in La Follette, Tennessee. Boasting over half a mile of lake frontage and dockable access, this wooded land is zoned to allow for a variety of uses, including subdivisions, condominiums, campgrounds, and even storage facilities. The property's location offers convenient proximity to both Powell Valley Resort/Marina and Flat Hollow Marina. Available utilities include electricity and water, while septic systems will be required. The land is designated as "Blue" on TVA maps, indicating non-TVA ownership, maximizing your lakefront usage from the 1020 line. This prime location offers the potential for a community dock in a sheltered cove or individual docks along the main channel. Please note that lots 9 & 10, totaling 2.6 acres, are excluded from this sale; however, the seller retains a 35-foot deeded access easement to these lots. The property is listed at $1,999,900, translating to approximately $19,632 per acre. All information should be independently verified by the buyer. The APN is 007061 04300. This is a truly unique opportunity to create a thriving lakefront community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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