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    279 Mayberry St Sparta, TN 38583

    For Sale
    $599,000

    COMMERCIAL - Sparta, TN

    Property size:
    1,792 SF
    Days on Market:
    54
    Last Refresh:
    Dec 14 at 10:06 pm

    Property Features for 279 Mayberry St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    007.00
    Size
    1,792 SF

    Utilities

    Water source
    Public

    Building Details

    Year built
    1940

    The Real Estate Collective (931) 559-9500

    Listing agent Hinal Tanwar (931) 881-6971

    Listing date Oct 22, 2025

    Copyright © 2025 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.

    Overview

    Budget Inn Motel Investment

    The Budget Inn Motel in Sparta, TN, presents a commercial opportunity with 19 fully-equipped rooms. Each room includes a microwave, refrigerator, and WiFi. The property reports consistent 100% occupancy with weekly guests, indicating a strong cash flow and attractive cap rate. The rooms are currently undergoing renovation. The property size is 1792 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Budget Inn Motel Short film maker Movie Studio

    Suggested Use

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

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

    Similar Places Nearby

    Budget Inn

    Location Insight

    • Map
    • Local Demand
    City
    Sparta
    County
    White
    State
    Tennessee
    Longitude
    -85.4815445
    Latitude
    35.9228161

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    FAQs

    What type of property is this?
    Motel - High-yield motel investment opportunity with consistent occupancy and strong cashflow.
    Where is this motel located?
    The property is located at 279 Mayberry St Sparta, TN.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Consistent 100% occupancy with weekly guests.; - Strong cash flow and attractive cap rate.; - High-yield investment opportunity.
    (931) 881-6971
    Request Owner's contact information
    279 Mayberry St Sparta, TN 38583
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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
    279 Mayberry St Sparta, TN 38583
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