Highway 22 Hornbeak, TN 38232
- Land
- 0.67 lot acres
Current Use by Public Records
- Land
Property Details for 0 Highway 22
- Lot size
- 0.67 lot acres
- Property type
- Land
Description
This exceptional 0.67-acre commercial lot presents a unique investment opportunity near the renowned Reelfoot Lake in Hornbeak, Tennessee. Located on W Hwy 22 in Obion County, this property boasts convenient access to public utilities, including gas, electric, water, and sewer service at the roadside. Its strategic location makes it perfectly suited for development as an RV park or campground, capitalizing on the area's thriving tourism industry centered around fishing and hunting. The proximity to a public boat ramp further enhances its appeal. Tennessee's attractive tax environment, with no state income tax, adds to the financial advantages of this property. The existing rental demand in the area suggests strong potential for a high return on investment. This tract offers a blend of recreational appeal and commercial viability, making it an exceptional opportunity for entrepreneurs seeking a profitable venture in a desirable location. The natural beauty and outdoor lifestyle of Obion County provide a compelling backdrop for this promising development project. The asking price is $250,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hornbeak
- County
- Hornbeak
- State
- Tennessee
- Longitude
- -89.3364
- Latitude
- 36.3964
