18 Stately Oaks Dr, Huntingdon, TN 38344
This exceptional 1.05-acre commercial lot presents a unique investment opportunity in the desirable Sterling Shores community, located on Halford Lake in Huntingdon, Tennessee. The property, identified as Lot 18 Stately Oaks Drive, boasts a prime waterfront location, perfect for development. The lot is beautifully wooded, providing a tranquil setting for a variety of commercial ventures. This buildable site offers significant potential for businesses seeking a picturesque lakeside location. Importantly, there are no homeowner's association (HOA) fees associated with this property, minimizing ongoing costs. The Tennessee Wildlife Resources Agency (TWRA) is expected to issue boat dock permits for waterfront lots sometime after July 1st, 2023, adding further value to this already attractive offering. The property's address is Lot 18 Stately Oaks Drive, Huntingdon, TN 38344, with the Assessor's Parcel Number (APN) being 019.01. The asking price for this remarkable opportunity is $209,000. This is a rare chance to acquire a substantial waterfront commercial lot in a peaceful, yet accessible 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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.