Two-Building Retail Storefront
16473 Rankin Ave Dunlap, TN 37327
For Sale
$699,900
COMMERCIAL - Dunlap, TN
Property Size3,750 SF
Lot Size0.62 Acres
Price / SF$186.64
Days on Market100
Property Features for 16473 Rankin Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
008.1 & 008.00
Lot size
0.62 Acres
Taxes and HOA fees
Tax Annual Amount
2030
Listing Agency:
The Real Estate Collective
(931) 559-9500
Listed By:
Alma Mendez
(248) 881-0779
Added: Apr 21
Changed: Jul 25
Last Checked: Jul 29 at 11:06AM
MLS# 243611
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.
Two retail properties are being offered together at 16473 and 16435 Rankin Ave in Dunlap, Tennessee. The listing references approximately 3,750 square feet of retail space, along with “another building,” with the properties tied to two parcel IDs: 041P G 008.1 and 041P G 008.00.
The public remarks describe the site as being in a high-visibility area with consistent traffic flow, conveniently positioned just minutes from Walmart.
This combined offering provides a two-building retail configuration for prospective owner-users and investors, with the two parcels listed separately under MLS#243579 and MLS#243580.
The public remarks describe the site as being in a high-visibility area with consistent traffic flow, conveniently positioned just minutes from Walmart.
This combined offering provides a two-building retail configuration for prospective owner-users and investors, with the two parcels listed separately under MLS#243579 and MLS#243580.
Key Highlights
- Prime commercial location in the heart of Dunlap.
- High‑visibility area with consistent traffic flow.
- Conveniently situated minutes from Walmart.
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 | $45.0k | $12.00 |
| − Vacancy | −$3.6k | −$0.96 |
| EGI | $41.4k | $11.04 |
| − OpEx | −$12.4k | −$3.31 |
| NOI | $29.0k | $7.73 |
3,750 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$414.0K
$362.3K – $483.0K
NOI $28,980 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$828.2K
$724.7K – $966.2K
NOI $57,974 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Two separate retail buildings are offered together, identified by distinct parcel IDs.
Where is this retail space located?
The property is located at 16473 Rankin Ave Dunlap, TN.
What is the asking price?
The asking price for this property is $699,900.
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.; Conveniently situated minutes from Walmart.
