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    Property profile & analytics

    1317 Lake Dr Hornbeak, TN 38232

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US80-0977723
    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

    • Commercial real estate

    Property Details for 1317 Lake Dr

    Property type
    Commercial real estate

    Description

    This exceptional 23,086 square foot commercial and residential land parcel in Hornbeak, Tennessee, presents a unique investment opportunity. Located at 1317 Lake Drive, this property boasts 100 feet of waterfront access extending to the low water mark, providing ample space for recreational activities. A substantial dock, measuring 100 feet wide and 40 feet deep, features two convenient boat slips. Adding to the property's appeal is a well-constructed cypress shop, recently updated with a two-year-old metal roof. The shop is finished as a versatile man cave or mudroom, offering additional storage and recreational space. Outdoor amenities include a charming stone fire pit patio, perfect for relaxation and entertaining. The property is situated in Obion County, Tennessee, with the zip code 38232, offering a tranquil setting while remaining conveniently accessible. The asking price for this remarkable property is $249,000. This is a rare opportunity to acquire a substantial waterfront property with significant potential for both commercial and residential development.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hornbeak
    County
    Obion
    State
    Tennessee
    Longitude
    -89.3787724
    Latitude
    36.3694518

    Comparable in this City

    • $2,500,000
      19,977 SF

      Hornbeak Resort with Multiple Structures

      Resort property featuring motel, house, duplexes, trailers, RV hookups, warehouses.
      256 W Lakeview Dr, Hornbeak, TN 38232
      View Details
    • $1,500,000

      Prime TN Farm - 235+ Acres

      Hunter's & Fisherman's Paradise near Reelfoot Lake
      6108 Bluff Rd, Hornbeak, TN 38232
      View Details
    • $139,900
      48.00 Acres

      48 Acres Building Lots, Hornbeak

      Approximately 48 acres of land with marketable timber.
      Ira Barker, Hornbeak, TN 38232
      View Details
    • $139,900
      48.00 Acres

      48 Acres in Hornbeak, TN

      Approximately 48 acres of land with marketable timber.
      Ira Barker Rd, Hornbeak, TN 38232
      View Details
    • $75,000

      Hornbeak Farm: 7.72 Acres

      Tennessee farmland near Reelfoot Lake. Buildable, wooded, & tranquil.
      000 Old Samburg Rd, Hornbeak, TN 38232
      View Details
    • $219,500
      66.76 Acres

      66.76 Acres Near Reelfoot Lake

      Hunting and recreational land near Reelfoot Lake in Northwest Tennessee.
      Dean Hill Rd, Hornbeak, TN 38232
      View Details

    Similar Nearby for Sale

    • $2,500,000
      19,977 SF

      Hornbeak Resort with Multiple Structures

      Resort property featuring motel, house, duplexes, trailers, RV hookups, warehouses.
      256 W Lakeview Dr, Hornbeak, TN 38232
      View Details
    • $1,500,000

      Prime TN Farm - 235+ Acres

      Hunter's & Fisherman's Paradise near Reelfoot Lake
      6108 Bluff Rd, Hornbeak, TN 38232
      View Details
    • $139,900
      48.00 Acres

      48 Acres Building Lots, Hornbeak

      Approximately 48 acres of land with marketable timber.
      Ira Barker, Hornbeak, TN 38232
      View Details
    • $139,900
      48.00 Acres

      48 Acres in Hornbeak, TN

      Approximately 48 acres of land with marketable timber.
      Ira Barker Rd, Hornbeak, TN 38232
      View Details
    • $75,000

      Hornbeak Farm: 7.72 Acres

      Tennessee farmland near Reelfoot Lake. Buildable, wooded, & tranquil.
      000 Old Samburg Rd, Hornbeak, TN 38232
      View Details
    • $219,500
      66.76 Acres

      66.76 Acres Near Reelfoot Lake

      Hunting and recreational land near Reelfoot Lake in Northwest Tennessee.
      Dean Hill Rd, Hornbeak, TN 38232
      View Details
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    Hornbeak, TN 38232
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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