335 Randall Fugate RdSpring City, TN 37381

  • Other commercial real estate
  • 0.34 AC
For Sale
$198,000 View listing

Property Details for 335 Randall Fugate Rd

Lot size
0.34 AC
Property type
Other commercial real estate
APN
019G B 00300
APU
019GB00300

Description

Exceptional investment opportunity: a thriving 6-lot RV park nestled near Watts Bar Lake in Spring City, Tennessee (37381). This 0.68-acre property (APN: 019g B 003.00, 004.00) features two existing tiny homes, four additional RV pull-through sites, each equipped with 50, 30, and 20 amp service with separate meters, accommodating RVs up to 40 feet with slide-outs. Each lot boasts gravel surfacing, a fire pit, and a picnic table, separated by small privacy fences near septic hookups. City water is readily available. Amenities include a storage shed and a communal picnic/fire pit area. The park's prime location is just two blocks from Watts Bar Lake and the Tennessee River, one block from Arrowhead Marina & Resort, and two blocks from the Rector Creek public boat launch, with easy access to Terrace View Marina and restaurant. Two years of proven income statements are available, and opportunities exist to further increase revenue. The property is offered for sale at $198,000, with the option to purchase without the tiny homes. This turnkey business presents a unique chance to own a successful, established venture in a highly desirable lakeside location. Contact us today to schedule a private showing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,631,367
    Hospitality
    $3,326,313
    Educational
    $2,767,453
    Medical
    $2,862,630
    Retail
    $4,304,927
335 Randall Fugate Rd, Spring City, Tennessee

Location Insight

City
Spring City
County
Rhea
State
Tennessee
Latitude
35.7405
Longitude
-84.7564
CBSA code
19420
CBSA name
DAYTON, 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
-
$2,800
$3,880
$6,680
-
$7,000
$9,700
$16,700

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