2941 Northlake Dr, Maryville, TN 37801

Description

Roughly 6% Cap Rate even at current price point! 8% if you base it on just the parcels the park uses!!
Potential for Seller Concessions toward rate buy down or closing costs with acceptable offer!

Rare opportunity to own approximately 16+ acres across five contiguous parcels in the heart of Maryville, offering an exceptional combination of privacy, investment potential, and future development opportunities. The sale includes Parcel 025 238.00 (the primary residence) along with Parcels 025 236.00, 025 237.00, 025 237.01, and 025 237.02, which together include an established mobile home and RV park.

The primary residence sits on approximately 5 acres and offers the flexibility to serve as a private estate, executive residence, or live-work property. With ample acreage surrounding the home, there is additional potential for future development or expansion, subject to buyer verification and applicable approvals.

Beyond the residence, the additional parcels provide a unique opportunity for investors, owner-operators, developers, and entrepreneurs seeking a property with multiple potential use cases. Whether your vision is to continue operating the existing mobile home and RV park, establish a live-in business, pursue residential redevelopment, or explore commercial development opportunities, this property offers exceptional flexibility.

Conveniently located just minutes from shopping, restaurants, healthcare, McGhee Tyson Airport, downtown Maryville, and Knoxville, the property combines the feel of a private retreat with outstanding accessibility.

Included Parcels:
• 025 238.00 (Primary Residence)
• 025 236.00
• 025 237.00
• 025 237.01
• 025 237.02

Buyer to verify all acreage, zoning, permitted uses, and development potential.