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    Property profile & analytics

    1967 Rock Island Rd Rock Island, TN 38581

    • Retail space
    • 3,239 SF
    • 3.00 lot acres
    For Sale
    View listing
    $5,500,000
    Value Estimation
    Location Intelligence
    Property ID
    US80-1851320
    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

    • Cotten's Marina / Marina

    Property Details for 1967 Rock Island Rd

    Year built
    2000
    Lot size
    3.00 lot acres
    Property size
    3,239 SF
    Property type
    Retail space
    APN
    089019 01400 001
    APU
    8901901400001

    Description

    This exceptional turnkey business opportunity encompasses Cottens Marina, a thriving waterfront establishment situated on approximately 5 acres in Rock Island, Tennessee. The property boasts 466+ feet of waterfront, complete with 30 covered boat slips offering year-round rentals and 57 dry storage units. A well-stocked Ship Store provides essential boating supplies, bait, snacks, beverages (including beer and ice), and souvenirs. A full-service restaurant, featuring a bar and commercial kitchen, complements the marina's offerings. The property also includes an office, bonus room, and bath, along with two additional customer bathrooms. A substantial 3000+ square foot, three-level residential home is included, suitable for owner occupancy, manager's quarters, or lucrative short-term rentals. This home features an attached garage and covered porches with stunning river views. Ample parking is available, and the expansive acreage presents significant expansion potential, including the addition of rental cabins or extra dock space. Multiple income streams from boat rentals, storage, the Ship Store, and the restaurant ensure a diverse and robust revenue model. This is a truly unique opportunity to acquire a well-established and profitable waterfront business. The asking price is $5,500,000. Located at 1967 Rock Island Rd, Rock Island, TN 38581.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $205,000

    • CAP approach

      CAP return
      Estimation
      6%
      $210,000
      6.5%
      $230,000
      7%
      $230,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $215,000
      Geo Method
      $235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $255,000
      Retail
      $200,000
      Mixed-Use
      $250,000
      Hospitality
      $220,000
      Educational
      $240,000
      Residential Income
      $260,000
      Energy
      $220,000
      Income-Based Land
      $235,000
      Food Service
      $250,000

    Location Insight

    • Map
    • Local Demand
    City
    Rock Island
    County
    Warren
    State
    Tennessee
    Longitude
    -85.6101
    Latitude
    35.8018
    CBSA code
    32660
    CBSA name
    MCMINNVILLE, TN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $66,720
    $160,240
    $226,960
    -
    $166,800
    $400,600
    $567,400

    Comparable in this City

    • Value Estimation
      $180,000
      3,024 SF

      380 Pne Blf Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,024 SF
      380 Pne Blf Rd, Rock Island, TN 38581
      View Details
    • Value Estimation by Request
      1,524 SF

      906 Rock Is Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,524 SF
      906 Rock Is Rd, Rock Island, TN 38581-3980
      View Details
    • Value Estimation
      $80,000
      1,595 SF

      4100 Old Rock Is Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,595 SF
      4100 Old Rock Is Rd, Rock Island, TN 38581-3734
      View Details
    • Value Estimation
      $875,000
      5,676 SF

      868 Seamons Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,676 SF
      868 Seamons Rd, Rock Island, TN 38581-7639
      View Details
    • Value Estimation
      $865,000
      5,596 SF

      1231 Rock Is Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,596 SF
      1231 Rock Is Rd, Rock Island, TN 38581-3904
      View Details
    • Value Estimation by Request
      1,428 SF

      9461 State Rte 30

      RETAIL STORES (PERSONAL SERVICES) • 1,428 SF
      9461 State Rte 30, Bone Cave, TN 38581-7419
      View Details

    Similar Nearby for Sale

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    • $114,000
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    1967 Rock Island Rd
    Rock Island, TN 38581
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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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