1317 Lake Dr Hornbeak, TN 38232
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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