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Property profile & analytics
OFF-MARKET Estimated value $980,000
Commercial land

124 White Water Dr Ocoee, TN 37361-3644

0.69 ac lot
Trust Owned 2-yr Hold Free & Clear
Property ID
US80-1717484
Property summary
AI-generated overview

This exceptional 1-acre commercial land parcel, located at 124 Whitewater Dr, Ocoee, TN 37361, presents a unique investment opportunity. Designated as Lot 12 in the Ocoee Town & Country development, this single-tenant property boasts a highly desirable Commercial zoning (APN: 064B C 012, Polk County). The land is available for a net-net-net (NNN) lease at a rate of $7,500 per acre, per month. Multiple lots are available within the development, offering flexibility for various commercial ventures. This strategic location benefits from its proximity to the intersection of Hwy 64 and Hwy 411, ensuring high visibility and accessibility. Furthermore, the property enjoys exceptional exposure due to its close proximity to the Ocoee River and Cherokee National Forest, areas known for significant recreational traffic. A new Food City grocery store is under construction directly across the street, further enhancing the area's commercial appeal and attracting a substantial customer base. Several other national tenants are already established in the immediate vicinity. For qualified tenants, build-to-suit options may be considered, subject to creditworthiness. Interactive drone footage is available online for a comprehensive view of the property and its surroundings. This is an ideal opportunity for businesses seeking a prime location with high traffic volume and strong growth potential.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.69 ac (30,056 SF)
APN 070064B C 01200
UPID US80-1717484
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
AI Approach AI
$1.04M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$980k
Owner & transaction history
Southeast Land Trust · 2 yrs held
Southeast Land Trust
since 2023
Last sale
$900,000
2 recorded transactions
2023
$900,000
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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