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    116 Zara Spook, Cedar Grove, TN 38321

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    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.

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    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Permitted uses
    Allowed · conditional · prohibited
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