149 End Ave Centerville, TN 37033-1328
This exceptional 20.74-acre commercial land parcel in Centerville, Tennessee, presents a unique investment opportunity. Located at 149 West End Ave, Hickman County, TN 37033 (APN: 041107 03201 00001107), this property boasts stunning Duck River frontage, offering diverse possibilities. Currently utilized for recreational purposes, including camping, fishing, and off-roading, the land features a blend of wooded areas, open fields, and established trails. While previously known as "Colley-town adventures," there is no active business or campground currently operating on the site. The property's location within a floodplain, where the Colley-town bridge once stood, adds to its historical significance. This offering represents a 25% ownership stake in the larger parcel, with two other owners holding 50% and 25% respectively. The current owners desire to maintain the property's recreational character. The land's zoning and potential for commercial or limited residential development warrant further investigation. Please note that unauthorized access to the property is strictly prohibited. The asking price for this 25% ownership interest is $39,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.