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    2601 Highway 64 Shelbyville, TN 37160

    For Sale
    $349,900

    High-traffic retail building, 1.59 acres.

    Property size:
    1,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This 1,800 square foot retail building presents a fantastic opportunity for entrepreneurs. Previously operating as Big Wheel Grocery, the property boasts endless possibilities for a variety of businesses. Situated on a 1.59-acre lot with frontage on both Highway 64 West and Whitaker Road, this location offers exceptional visibility and accessibility between Shelbyville and Lewisburg. Ample parking is available with 17 spaces, including two designated handicapped spots. Recent improvements significantly enhance the property's value and appeal. The parking lot has undergone a complete renovation, including repaving, striping, and the installation of new parking curbs. The roof is a nearly new metal roof, approximately one year old. Interior upgrades are equally impressive, featuring brand new Armstrong "Pearl" flooring throughout, energy-efficient LED lighting (both interior and exterior), a new plumbing system, a new water heater, and new blinds. This turnkey property is ready for immediate occupancy and offers a compelling combination of location, size, and recent renovations, making it an ideal investment for a discerning business owner. The substantial lot size also allows for future expansion or additional development opportunities.

    Property Features for 2601 Highway 64

    General Information

    Property type
    Retail properties
    Square Feet
    1,800 SF
    Lot Size
    69,260 SF

    Building Details

    Year Built
    1970
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Bedford County, TN
    State
    Tennessee
    Longitude
    -86.62605
    Latitude
    35.48793

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail building, 1.59 acres.
    Where is this retail property located?
    The property is located at 2601 Highway 64 Shelbyville, TN.
    What is the asking price?
    The asking price for this property is $349,900.
    (615) 896-4600
    Request Owner's contact information
    2601 Highway 64 Shelbyville, TN 37160
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    Shelbyville, TN 37160
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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
    2601 Highway 64 Shelbyville, TN 37160
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