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    17985 Hwy 64 Hwy Somerville, TN 38068

    Sponsored
    For Sale
    $435,000

    Prime Hwy 64 Office Space - Vacant & Ready

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional office building, located at 17985 Hwy 64 in Somerville, Tennessee, presents a fantastic opportunity for businesses seeking a prominent location. Situated in Fayette County's county seat, this property enjoys high visibility due to its placement on US Highway 64, a major thoroughfare. The building's convenient proximity to key establishments such as the USDA service center, Middlecoff Dental Group, Peebles, and Chickasaw Electric ensures excellent accessibility and potential for synergy. The property features ample parking, a significant advantage for employees and clients. The lot itself is nicely leveled, providing a clean and functional space. Currently vacant, this office building is ready for immediate occupancy, allowing for a swift and seamless transition for your business. The asking price is $435,000. This is an ideal location for businesses seeking a high-traffic area with excellent visibility and convenient access to essential services. The property offers a significant opportunity for growth and success in a thriving community. Don't miss this chance to establish your business in a prime Somerville location. Contact us today to schedule a viewing.

    Property Features for 17985 Hwy 64 Hwy

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    2005
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Somerville
    County
    Fayette
    State
    Tennessee
    Longitude
    -89.49344
    Latitude
    35.23014

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Hwy 64 Office Space - Vacant & Ready
    Where is this office property / space located?
    The property is located at 17985 Hwy 64 Hwy Somerville, TN.
    What is the asking price?
    The asking price for this property is $435,000.
    Request Owner's contact information
    17985 Hwy 64 Hwy Somerville, TN 38068
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    Somerville, TN 38068
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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
    17985 Hwy 64 Hwy Somerville, TN 38068
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