Michael's Landing lot 102 / Cobb Farm Col James Hardin Rd Lot 102
Clifton, TN
Asking price
$24,000
Sites
69
Cap rate
—
Price / site
$348
About this property
Fall Special – Limited-Time Pricing! Seller is offering a $1500 discount off list price for the first lot that sells provided you close before Thanksgiving! Don't miss this opportunity to own a large, cleared building lot in the highly desirable Cobb Farm community, just steps from the Tennessee River! With significantly more space than most lots in the development—double or even triple the size—you'll have plenty of room to build your dream elevated home, create the perfect RV retreat, or both. Situated just south of the Clifton bridge, this unique part of the river features multiple sandy beaches, islands and hidden coves! A recent survey has already been completed, making this property even more ready for your plans. Well water is available through the seller with a one-time $1,000 tap fee and an annual well maintenance fee until city water becomes available. The seller has already installed the private road and will pay to have electrical poles installed along the road in front of the property, adding tremendous value and reducing your development costs. The low $100 annual HOA fee includes access to the community boat ramp and dumpsters. Enjoy boating, fishing, and endless recreation just minutes from Clifton Marina and Riverstone Marina. Savannah, TN is only a 20-minute drive, offering Walmart, Lowe's, restaurants, shopping, and even same-day Walmart delivery to the area. There are 10 lots available, but this special introductory price is available only on the next lot sold. Act now to secure your piece of Tennessee River paradise before this limited-time offer is gone! Property lines in picture are estimated and not to be relied on. Survey is included in documents.
All details
Figures are transcribed from the source listing as published. “Source page last checked” is when our crawler last fetched that page — it is not a check of the financials and not confirmation from the broker.
| Asking price | $24,000 |
|---|---|
| Sites | 69 |
| Price per site | $348 |
| First seen by UnitListed | Sep 6, 2026 |
| Source page last checked | Oct 24, 2026 |
| Source last changed | Oct 7, 2026 |
Before you call the broker
7 things are not disclosed on this listing. These are the questions that would close the gap — specific to a park, not a generic list.
Net operating income — not disclosed
What is the trailing twelve-month NOI, and what does it include and exclude?
The single number a lender will size debt against. Ask what is excluded — management fees and reserves are the usual omissions.
What period the financials cover — not disclosed
Are these figures trailing twelve months, last calendar year, or projected?
A projected stabilised NOI and a current operating NOI can differ by a third, and both get called "NOI".
Gross income and operating expenses — not disclosed
Can you share a trailing twelve-month profit and loss, with the expense lines itemised?
NOI alone hides whether income is high or expenses are being under-reported. The split is what you underwrite.
Reason for sale — not disclosed
Why is the owner selling, and how long have they held it?
Never published on a listing, always worth knowing. Retirement and a looming capital bill are very different situations.
Operating season and seasonal mix — not disclosed
Is this year-round or seasonal, and what is the split between seasonal, monthly and transient guests?
A seasonal park with a five-month window is a different business from a year-round one at the same annual revenue.
Utility infrastructure — not disclosed
Are water, sewer and electric municipal or private, and what condition is the infrastructure in?
A private septic or well at end of life is a capital item that can exceed a year of NOI, and it will not appear in the expenses.
Permits and non-conforming use — not disclosed
Is the current site count permitted, and is any of it legal non-conforming?
A park operating more sites than it is permitted for cannot be financed at the income it shows.
Asking price — disclosed
Currency of the asking price — disclosed
Site count and hookup mix — disclosed
Whether the land is included — disclosed
What has changed
Every date below is when we observed a change, not when it happened. We first saw this listing on Sep 6, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Oct 7, 2026Price reduced$25,000 → $24,000
- Oct 7, 2026Price reduced
- Sep 6, 2026First seen by UnitListed
