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    10321 2Nd St Gates, TN 38037

    New
    For Sale
    $845,000

    COMMERCIAL - Gates, TN

    Type:Retail
    Property size:
    1,500 SF
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 10321 2Nd St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    Security features
    Security System
    APN
    039M C 009.01
    Parking
    20
    Size
    1,500 SF

    Utilities

    Utilities
    Cable Available
    Heating system
    Central, Natural Gas
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1988
    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Block, Metal Siding
    Roof type
    Metal

    Crye-Leike Elite Realtors (731) 300-7777 [email protected]

    Listing agent Brently Dean Smith (731) 571-8993 License #374279

    Listing date Dec 4, 2025

    MLS# 2500178 Listing URL

    Copyright © 2025 Central West Tennessee Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Convenience Store For Sale

    This commercial property in Gates, Tennessee, features a 1,500-square-foot convenience store that has been in operation for 30 years. The property is the only location in Gates that sells gasoline. The store is not currently selling lottery tickets. The property is located in Lauderdale County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    U-Haul Neighborhood Dealer Truck Rental Agency Bologna Joe's Convenience Store

    Suggested Use

    Restaurant Wholesale Shop Auto Repair Shop Auto Parts Store Food Market Grocery Store Convenience Store Discount Store Car Rental Pawn Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gates
    County
    Lauderdale
    State
    Tennessee
    Longitude
    -89.405125
    Latitude
    35.841046

    Nearby Similar for Sale

    • New
      $470,000
      2,075 SF

      Retail Storefront in Gates, TN

      Remodeled retail property, ideal for a liquor store business.
      10149 2Nd St, Gates, TN 38037
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - 30-year-old convenience store and gas station in Gates, Tennessee.
    Where is this grocery and convenience store located?
    The property is located at 10321 2Nd St Gates, TN.
    What is the asking price?
    The asking price for this property is $845,000.
    What are key features of this property?
    This property features: - Only gas station in Gates; - Established business with 30 years of operation; - Central heating (Natural Gas) and Central Air (Electric)
    (731) 571-8993
    Request Owner's contact information
    10321 2Nd St Gates, TN 38037
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    Gates, TN 38037
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10321 2Nd St Gates, TN 38037
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