1242 Highway 64 Ocoee, TN 37361
This exceptional 5.86-acre mixed-use property in Ocoee, Tennessee, presents a unique investment opportunity. Situated directly off US-64, it boasts prime commercial buildings and land with convenient access to major roadways. The property currently operates as a successful rafting business, complete with on-site raft guide housing. Existing structures include a barn and a recently constructed large metal building, offering versatile space for various uses. Public water and sewer services are readily available. The property's idyllic location alongside the Cherokee National Forest, and within minutes of Parksville Lake, the Ocoee River, and the Hiwassee River, provides unparalleled recreational access and significant development potential. A preliminary plan suggests the possibility of creating over 47 RV sites, further enhancing the property's income-generating capabilities. The 1,562 square foot existing building provides ample space for business operations or residential use. This property offers a blend of established business and significant expansion potential, making it an attractive investment for entrepreneurs and developers alike. All information is believed to be accurate but should be independently verified.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.