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Property profile & analytics
OFF-MARKET
Land

0 Highway 22 Hornbeak, TN 38232

0.67 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.67 ac (29,185 SF)
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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