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Property profile & analytics

110 Lakeview Dr Springville, TN 38256

  • Retail space
  • 2,026 SF
Value Estimation
Last Sale
May 23, 2025
$260,000
Location Intelligence
Property ID
US80-2641790
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Locals / Bar & Grill

Property Details for 110 Lakeview Dr

Year built
1974
Property size
2,026 SF
Property type
Retail space
APN
040047F A 00100 001
APU
040047FA00100001

Description

This thriving, turnkey bar and grill is situated on a half-acre lot in Springville, Tennessee, just minutes from Kentucky Lake and popular tourist attractions like Buchanan Resort and Paris Landing Marina. The 1,500 square foot building boasts inside seating for 60+ patrons, a fully equipped kitchen (grill, four fryers, two freezers, prep station), and a well-stocked bar area complete with a beer keg refrigerator, ice maker, and flat-screen TVs. All furniture (tables, chairs, bar stools) is included. A separate room offers potential for expansion as a cigar room, storage, or game area. Enjoy a spacious deck with patio seating and stunning lake views. Ample parking is available. This established business benefits from a strong local customer base and the high tourist traffic of the Kentucky Lake region. The current owners are open to assisting with the transition, and owner financing options may be available for qualified buyers. This presents a unique opportunity to own a profitable, established business in a desirable location with significant growth potential. The property is located at 110 Lakeview Dr, Springville, TN 38256. Asking price is $350,000.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $190,000
  • CAP approach

    CAP return
    Estimation
    6%
    $270,000
    6.5%
    $255,000
    7%
    $285,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $295,000
    Geo Method
    $265,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $270,000
    Retail
    $320,000
    Mixed-Use
    $300,000
    Hospitality
    $245,000
    Educational
    $245,000
    Residential Income
    $305,000
    Energy
    $295,000
    Income-Based Land
    $255,000
    Food Service
    $310,000

Location Insight

  • Map
  • Local Demand
City
Springville
County
Henry
State
Tennessee
Longitude
-88.1095
Latitude
36.4116
CBSA code
37540
CBSA name
PARIS, TN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$12,000
$20,840
$32,840
-
$30,000
$52,100
$82,100
More about this property
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