939 Excalibur Trl Cedar Grove, TN 38321
This exceptional 1.2-acre lot, identified as Lot 99 at 939 Excalibur Trail in the gated Indian Lake community of Cedar Grove, Tennessee (zip code 38321), presents a unique opportunity for development. Boasting a generous 52,272 square feet of land, this property offers a nearly level building site, providing convenient access to the lake. The lot's location within the Indian Lake community ensures a secure and tranquil environment. Indian Lake itself is a noteworthy feature, recognized for its professional management and endorsement by renowned angler Jimmy Houston. This makes it an ideal location for those seeking a peaceful retreat or a prime spot to construct a fishing cabin or a custom-designed dream home. The property is zoned for both commercial and residential use, offering flexibility for various development plans. The asking price for this remarkable property is $55,000. This presents a compelling investment opportunity in a desirable location with exceptional amenities. The property's Carroll County location and proximity to Cedar Grove provide convenient access to local services and attractions. The latitude and longitude coordinates are 35.847026 and -88.528471 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.