Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Decherd Blvd Winchester, TN 37398

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $550,000

    High-traffic location, city utilities available.

    Property Features for Decherd Blvd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    210,395 SF

    We can help!

    Listing Contact
    Jenny Orr
    Jenny Orr

    Listing Agency: WEICHERT, REALTORS Joe Orr & Associates Listing Agent: Jenny Orr

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 4.83-acre commercial parcel presents a prime opportunity for development in Winchester, Tennessee. Strategically situated between established businesses, Hall Furniture and The Home Depot, this property boasts unparalleled visibility and accessibility. The high-traffic location ensures maximum exposure for any commercial venture. City water, sewer, and natural gas services are readily available at the roadside, simplifying infrastructure development and reducing upfront costs. The expansive acreage offers significant flexibility for a variety of commercial uses, from retail and restaurants to light industrial and office spaces. This location is ideal for businesses seeking a prominent presence in a thriving community. The property's convenient access to major roadways ensures easy commutes for employees and customers alike. Given its prime location and readily available utilities, this property represents a rare and valuable investment opportunity in a rapidly growing market. Don't miss the chance to secure this exceptional commercial land and build your business success. Serious inquiries only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Winchester
    County
    Franklin County, TN
    State
    Tennessee
    Longitude
    -86.09698
    Latitude
    35.21247

    Nearby Similar for Sale

    • New
      $275,000
      1,344 SF

      Winchester Dual-Home Investment Opportunity

      Two homes on one parcel, generating immediate cash flow.
      3Rd Ave NE, Winchester, TN 37398
      View Details
    • Contact for pricing

      Winchester Retail Outparcels For Sale

      Retail outparcels anchored by Food City in Winchester, Tennessee.
      2211 Cowan Hwy, Winchester, TN 37398
      View Details
    • $289,900
      384 SF

      Winchester Retail Space - Prime Location

      Established Business, High Visibility, 0.5-Acre Lot
      1136 Dinah Shore Blvd, Winchester, TN 37398
      View Details
    • $300,000
      9.00 Acres

      Winchester Commercial Land - 9 Acres

      Prime Commercial Land Near Home Depot. High-density residential proximity.
      Tullahoma Hwy, Winchester, TN 37398
      View Details
    • $75,000
      0.50 Acres

      Winchester Medical Office Land

      Prime medical development site near hospital.
      186 Hospital Rd, Winchester, TN 37398
      View Details
    • $795,000
      5,384 SF

      Winchester Office Complex - Great Potential

      Two office buildings, ample parking, prime location.
      2092 Cowan Hwy, Winchester, TN 37398
      View Details
    • $75,000
      0.44 Acres

      Winchester Commercial Land - C-2 Zoning

      High-traffic lot, build-to-suit opportunity.
      4 Bypass Rd, Winchester, TN 37398
      View Details
    • $1,750,000
      12,774 SF

      Winchester Mixed-Use Investment Opportunity

      High-yield property with diverse income streams.
      913 College St, Winchester, TN 37398
      View Details
    • $75,000
      0.49 Acres

      Winchester Commercial Lot - C-2 Zoning

      High-traffic commercial lot, build-to-suit.
      3 Bypass Rd, Winchester, TN 37398
      View Details
    • $800,000
      2,850 SF

      Winchester Commercial Property Investment

      High-Visibility Commercial Land & Buildings
      364 Blair Pond Rd, Winchester, TN 37398
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, city utilities available.
    Where is this commercial real estate located?
    The property is located at Decherd Blvd Winchester, TN.
    What is the asking price?
    The asking price for this property is $550,000.
    (931) 224-7940
    Request Owner's contact information
    Decherd Blvd Winchester, TN 37398
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Decherd Blvd
    Winchester, TN 37398
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Decherd Blvd Winchester, TN 37398
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jenny Orr
    Jenny Orr
    (931) 224-7940 (931) 455-0555
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!