59 Lakeside Ln Decaturville, TN 38329
This exceptional 1.37-acre commercial property, located at 59 Lakeside Lane in New Tazewell, Tennessee (zip code 38329), presents a unique investment opportunity. Situated on the Tennessee River, this land encompasses five adjoining lots (Lots 5, 6, 37, 38, and 39) currently operating as part of Mermaid Marina. The asking price for this combined parcel is $250,000. A significant feature is the existing camper carport situated on Lot 6. This structure is generously sized to accommodate two campers and is equipped with essential utilities including electricity, water, and a septic system. The property's prime riverfront location offers substantial potential for various commercial ventures, capitalizing on the recreational opportunities associated with the Tennessee River. The Decatur County location provides convenient access to nearby amenities and attractions. This is a rare chance to acquire a substantial riverfront commercial land holding with existing infrastructure, ideal for development or continued operation as a recreational camping area. The property's latitude and longitude coordinates are 35.5291444 and -88.1096118 respectively. This offering is a turnkey opportunity for an investor seeking a profitable venture in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.