Property profile

116 Zara Spook Cedar Grove, TN 38321

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

This exceptional 6.6-acre lot (287,496 sq ft), located at 116 Zara Spook (Lot 139) in the desirable gated community of Indian Lake, Cedar Grove, Tennessee (zip code 38321), presents a unique opportunity for commercial or residential development. The property boasts a level terrain, ideal for construction. Situated within a professionally managed community endorsed by Jimmy Houston, this location offers unparalleled access to recreational amenities. Enjoy a short, three-minute walk to the community pavilion and boat dock, complete with complimentary boat slips. Indian Lake itself is renowned for its excellent fishing, with opportunities to catch bream, crappie, catfish, and trophy bass. Kayaking enthusiasts will also appreciate the serene waters. The asking price for this remarkable property is $75,000. This quiet, friendly community provides the perfect setting for building a dream home, a fishing cabin, or exploring various commercial ventures. The property is conveniently located in Carroll County, Tennessee, offering easy access to local amenities and attractions. This is a rare opportunity to own a substantial piece of land in a highly sought-after location. Don't miss out on this chance to secure your piece of paradise.

Property profile

Verified
Property type Specialty properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

116 Zara Spook Cedar Grove, TN 38321
Cedar Grove metro
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Value estimations

Realmo proprietary · 4 methods
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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
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