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Mixed-Use Property with Two Homes
For Sale
$495,000

105 E Wilmouth Rd, Rickman, TN 38580

Commercial Sale, Rickman, TN

Property Size4,080 SF
Lot Size1.27 Acres
Price / SF$121.32
Days on Market137

Property Features for 105 E Wilmouth Rd

General Information

Property type Commercial Sale
Property subtype Other
Directions From PCCH : Take Hwy 111 N, R on Wilmouth Rd, Homes are located on corner of HWY 111 and E Wilmouth.
Subdivision Overton Co SW, TN
Standard status Active
APN 052.02
Size 4,080 SF
Lot size 1.27 Acres

Taxes and HOA fees

Tax Annual Amount 933

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1972
Floors in Building 2
Number of units 2
Building materials Frame, Brick
Roof type Metal
Listing Agency: True Blue Realty, LLC
Listed By: Elaina Morgan · License #00315326
Added: Apr 29 Changed: Aug 22 Last Checked: Sep 12 at 3:06PM
MLS# 243977

Copyright © 2026 Upper Cumberland 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.

Investment Insights

Based on property information with market context.

This mixed-use property comprises two residences totaling 4,080 square feet on 1.27 acres. The primary 2,880-square-foot brick home, built in 1972, includes three bedrooms, 2.5 baths, multiple living areas, and a fully finished basement. A second 1,200-square-foot home provides one bedroom and one bath. Both structures have central heating and central air, while the property is served by public water and includes a metal roof.

The site offers 373 feet of frontage along Hwy 111 and is located at 105 E Wilmouth Rd in Rickman, Tennessee. Unrestricted use supports residential, commercial, and multifamily applications. The two-building configuration provides separate spaces for occupancy, rental, guest use, or business operations, subject to applicable requirements.

Key Highlights

  • 1.27 unrestricted acres with 373 feet of Hwy 111 frontage
  • Two residences totaling 4,080 square feet
  • Primary 2,880‑square‑foot home with 3 bedrooms, 2.5 baths, and finished basement

Property Analytics

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Current Use

Loveshack (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Restaurant Law Firm Nail Salon Hair Salon Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby

Demographics for 38580, TN

2,015
Population
752
Households
2.7
Avg Household Size
43
Median Age
19%
College-Educated
87%
High-School Grad
34.7 sq mi
ZIP Area
58
Density / Sq Mi
$59,207
Median Household Income
$34,929
Median Earnings
$966
Median Rent
$204,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two residences on unrestricted acreage support residential, commercial, or multifamily use.
Where is this mixed-use property located?
The property is located at 105 E Wilmouth Rd Rickman, TN.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 1.27 unrestricted acres with 373 feet of Hwy 111 frontage; Two residences totaling 4,080 square feet; Primary 2,880‑square‑foot home with 3 bedrooms, 2.5 baths, and finished basement
More about this property
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