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Property profile & analytics
OFF-MARKET
Mixed-use properties

1242 Highway 64 Ocoee, TN 37361

1,562 SF 5.86 ac lot Built 1956
Property ID
US80-0021600
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Year built 1956
Total area 1,562 SF
Lot 5.86 ac (255,262 SF)
UPID US80-0021600
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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