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16435 Rankin Ave, Dunlap, TN, 37327
High-Visibility Retail Space

16435 Rankin Ave Dunlap, TN 37327

For Sale
$349,000

COMMERCIAL - Dunlap, TN

Property Size2,400 SF
Price / SF$145.42
Days on Market104

Property Features for 16435 Rankin Ave

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
APN 008.00
Size 2,400 SF

Taxes and HOA fees

Tax Annual Amount 2043

Building Details

Year built 1930
Floors in Building 1
Listing Agency: The Real Estate Collective
Listed By: Alma Mendez
Added: Apr 17 Changed: Jul 25 Last Checked: Jul 29 at 12:06PM
MLS# 243580

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.

Offered for sale, this retail space at 16435 Rankin Ave in Dunlap, TN includes approximately 2,400 square feet designed for flexible business use. The property is positioned to capture passersby in a high-visibility area, supporting steady day-to-day accessibility.

The location places it just minutes from Walmart, contributing to strong traffic exposure and convenient customer access. This setup can fit both owner-users seeking a retail storefront and investors evaluating a retail portfolio addition.

Key Highlights

  • Prime commercial location in the heart of Dunlap.
  • High‑visibility area with consistent traffic flow.
  • Approximately 2400 sq ft of retail space.

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $28.8k $12.00
− Vacancy −$2.3k −$0.96
EGI $26.5k $11.04
− OpEx −$7.9k −$3.31
NOI $18.5k $7.73
2,400 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$265.0K
$231.8K – $309.1K (±1% cap)
NOI $18,547 @ 7.0% cap · market cap 5.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$530.1K
$463.8K – $618.4K (±1% cap)
NOI $37,104 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Morrison’s Woodwork Creations Home Decor Store Mierta Family Photography Photography Service

Suggested Use

Top Pick HVAC Service Building Supply Storage Facility (Bike/Boat/Book/etc) Store Locksmith Skin Care Clinic

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Retail space - For-sale retail property offering approximately 2,400 sq ft near Walmart in Dunlap, with strong traffic exposure and easy access.
Where is this retail space located?
The property is located at 16435 Rankin Ave Dunlap, TN.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Prime commercial location in the heart of Dunlap.; High‑visibility area with consistent traffic flow.; Approximately 2400 sq ft of retail space.
More about this property
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