1020 Thomas Rd - Multi-Family FOR SALE


Benton, TN 37307
$5,500,000 USD
423-718-6437
1020 Thomas Rd, Benton, TN for Sale
$5,500,000 USD
Multi-Family - FOR SALE
1/82
null | Request Cap Rate

1020 Thomas Rd
Benton, TN 37307


HIGHLIGHTS

  • Pool
  • Gated Property
  • River Access
  • River Front
  • Fitness Center
  • Lake/Fishing

OVERVIEW

This 53.75-acre Ocoee River estate is more than a residence—it's a platform for creating lifestyle and income in one remarkable setting. With nearly 2,000 feet of private river frontage, your own boat launch, and zoning that includes both commercial and agricultural (greenbelt), the possibilities stretch far beyond traditional living. At the center is a 6,000 sq. ft. ranch-style luxury home with a pool, designed for comfort, elegance, and multi-generational living. But the true distinction of this property is its ability to generate income, host events, or build businesses directly on-site. Event & Venue Ready: A multi-use venue building with amphitheater, backup generator, six bathrooms, and sweeping glass bay doors—ideal for weddings, retreats, conferences, or entertainment. Business Infrastructure: Four-bay shop with bunk room, laundry, and full bath; equipment barn; pole barn; and multiple flex-use structures to support commercial ventures or outdoor recreation enterprises. Multi-Generational Living: With expansive square footage and diverse buildings, the estate adapts perfectly for extended family living, guest accommodations, or rental income. Adventure & Recreation: From direct river access to nearby lakes, whitewater rafting, and the vast Cherokee National Forest, this property sits at the heart of the Southeast's outdoor lifestyle economy. The gated entrance ensures privacy, while the zoning, layout, and acreage offer an almost limitless set of opportunities. Whether your vision is luxury family compound, thriving event venue, agricultural business, or outdoor adventure hub, this estate is a canvas waiting to be shaped. All showings must be accompanied by proof of funds or pre-approval/ Text 423-208-4943 to schedule a showing Offers must be accompanied by pre-approval or proof of funds. Please allow 48 hours for review. Send to team@asherblackrealtor.com

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$637 USD /SF

# OF UNITS

12

PRICE/UNIT

$458,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ocoee River Estate

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2016

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

035-053.03

ASK ABOUT THIS PROPERTY

423-718-6437

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423-718-6437

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