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    1052 Mineral Wells Ave Paris, TN 38242

    For Sale
    $793,500

    Auto Service,Commercial - PARIS, TN

    Property size:
    2,250 SF
    Days on Market:
    310
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 1052 Mineral Wells Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B1
    APN
    020.00
    Interior features
    Overhead Door, Pole Sign
    Exterior features
    None
    Size
    2,250 SF

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    2003
    Floors in Building
    1
    Building materials
    Concrete
    Roof type
    Composition
    Architectural style
    Other

    Moody Realty Co., Inc. (731) 642-5093 [email protected]

    Listing agent Mark Johnson (731) 642-5093

    Listing date Jan 31, 2025

    MLS# 131635 Listing URL

    Copyright © 2025 Tennessee Valley 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

    Commercial Investment Opportunity in Paris

    This commercial property, currently operating as a Valvoline Instant Oil Change, presents a commercial investment opportunity. The property is being offered for sale subject to the current lease and tenant's rights. A triple net lease is in place with a remaining term of 14 years. The gross annual income is $39,684.00. Annual rents increase every 5 years at a rate of 5% for the remainder of the lease term. The building has 2,250 square feet of living area and is located in Paris, Tennessee.
    Location Intelligence

    Current Use by Public Records

    Valvoline Instant Oil ... Oil Change Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Patterson Towing, Master Tire & Auto Services, West's Wheel & Tire, Walmart Auto Care Centers, Setco Automotive Na Inc

    Location Insight

    • Map
    • Local Demand
    City
    Paris
    County
    Henry
    State
    Tennessee
    Longitude
    -88.3070361
    Latitude
    36.2830458

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    FAQs

    What type of property is this?
    Auto shop - Commercial property for sale with long-term tenant in place.
    Where is this auto shop located?
    The property is located at 1052 Mineral Wells Ave Paris, TN.
    What is the asking price?
    The asking price for this property is $793,500.
    What are key features of this property?
    This property features: - Commercial investment opportunity with established tenant (DBA Valvoline Instant Oil Change); - Subject to a current triple net lease; - Benefit from **14 years remaining on the lease term**
    (731) 642-5093
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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
    1052 Mineral Wells Ave Paris, TN 38242
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