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    145 Joe Joyner Rd Munford, TN 38058

    Sponsored
    For Sale
    $799,000

    Renovated 6000+ sq ft, Hwy 51 access

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 6,000+ square foot commercial property, situated just off Highway 51 in Munford, Tennessee, presents a unique investment opportunity. The building has undergone a complete renovation, offering versatile space ideal for a variety of uses. Its expansive layout includes ample office space, perfectly suited for administrative functions or individual work areas. A significant portion of the building features a large, open area – previously configured as a sanctuary or warehouse – providing flexibility for diverse business needs or large-scale operations. Additionally, a substantial kids' area offers potential for conversion into a spacious lobby, additional office space, or a supplementary functional area depending on the tenant's requirements. The property's convenient location near Highway 51 ensures excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in the Munford market. The asking price is $799,000. The property sits on a lot of less than one acre. This is a rare opportunity to acquire a fully renovated, spacious commercial building in a desirable location. Serious inquiries are encouraged.

    Property Features for 145 Joe Joyner Rd

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1993
    Property Profile Location Intelligence

    Current Use by Public Records

    Gateway Baptist Church ... Place Of Worship

    Suggested Use

    Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Munford
    County
    Tipton
    State
    Tennessee
    Longitude
    -89.84702
    Latitude
    35.40229

    Nearby Comparable

    • $315,000

      Commercial Land at Highway 51

      Corner lot with commercial zoning and high traffic volume.
      54 Joe Joyner Rd, Munford, TN 38058
      View Details
    • $450,000

      Commercial Land in Atoka, TN

      Commercial real estate with a 1920 sq ft building.
      15888 Highway 51, Atoka, TN 38004
      View Details
    • $249,999
      3.00 Acres

      Millington Commercial Land - 3 Acres

      Prime Highway 51 Location, Development Ready
      9722 Us 51 Hwy, Millington, TN 38053
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Renovated 6000+ sq ft, Hwy 51 access
    Where is this commercial real estate located?
    The property is located at 145 Joe Joyner Rd Munford, TN.
    What is the asking price?
    The asking price for this property is $799,000.
    (901) 202-2000
    Request Owner's contact information
    145 Joe Joyner Rd Munford, TN 38058
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    Munford, TN 38058
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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
    145 Joe Joyner Rd Munford, TN 38058
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