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Property profile & analytics

2091 Coles Chapel Rd Sparta, TN 38583-6710

  • Retail space
  • 2,880 SF
  • 5.00 lot acres
OFF-MARKET
Value Estimation
$1,480,000
Last Sale
Mar 10, 2025
$1,650,000
Location Intelligence
Property ID
US80-2680213
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

  • Whispering Falls RV Park & Convenience Store / Rv Park
  • Whispering Falls RV Park & Convenient Store / Rv Park

Property Details for 2091 Coles Chapel Rd

Year built
2022
Lot size
5.00 lot acres
Property size
2,880 SF
Property type
Retail space
APN
093011 00105
APU
9301100105

Description

This exceptional Class A, fee-simple RV park and convenience store presents a unique owner-user investment opportunity. Located on 5 acres in Sparta, Tennessee, this 2023-built property boasts 23 fully serviced RV sites, each featuring a firepit and picnic table, and ample spacing for privacy. The park includes a pavilion, with a playground and dog park planned. Its prime location, just 8 miles from Sparta, 9 miles from Cookeville, and 8 miles from Interstate 40, ensures high occupancy. The on-site convenience store generates additional revenue, offering pizzas, sandwiches, paninis, soft drinks, and domestic and local beers. The store is equipped with a "Clover" payment system, vendor connections, and a camera system. The park utilizes Campground Booking for reservations. Existing trained staff are willing to continue employment. The property is zoned commercial and features two one-story buildings. This turnkey operation offers a blend of income streams and a tranquil setting near Burgess Falls State Park, making it ideal for an owner-operator seeking a profitable and manageable business. The asking price is $1,800,000. Note: Seller will not accept financing plans placing them in a secondary loan position.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $1,215,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,500,000
    6.5%
    $1,760,000
    7%
    $1,615,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,775,000
    Geo Method
    $1,920,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $1,885,000
    Retail
    $1,640,000
    Mixed-Use
    $1,795,000
    Hospitality
    $1,900,000
    Educational
    $1,515,000
    Residential Income
    $1,715,000
    Energy
    $1,495,000
    Income-Based Land
    $1,665,000
    Food Service
    $1,890,000

Location Insight

  • Map
  • Local Demand
City
Sparta
County
White
State
Tennessee
Longitude
-85.5952
Latitude
36.043

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
2021
$221
$17,280
$158,160
$175,440
-
$43,200
$395,400
$438,600
More about this property
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