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Property profile

817 Mulberry Ave Fayetteville, TN 37334

OFF-MARKET
Retail space
Property ID
US80-2614587
1,019 SF 0.27 ac lot Built 1940
Individually Owned 11-yr Hold Absentee Owner Free & Clear

Property summary

AI-generated overview

This completely remodeled 968-square-foot mixed-use commercial building presents a fantastic investment opportunity in Fayetteville, Tennessee. Located on Mulberry Avenue, this property boasts a prime location just minutes from the heart of downtown. Recent improvements include a comprehensive renovation encompassing new flooring, fresh paint throughout, a completely updated electrical system, and brand new HVAC units, ensuring optimal energy efficiency and comfort. The property also features a convenient drive-thru window, adding significant versatility for a variety of potential uses. The spacious building sits on a 0.09-acre lot with a recently sealed and striped parking lot, providing ample parking for customers and employees. The extensive renovations have created a modern and functional space ready for immediate occupancy. The numerous possibilities for this property make it an ideal choice for entrepreneurs seeking a turnkey operation or investors looking for a strong return. Its central location and updated features combine to offer a rare opportunity in the thriving Fayetteville market. Don't miss this chance to own a meticulously renovated commercial building with exceptional potential.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Total area 1,019 SF
Lot 0.27 ac (11,700 SF)
APN 080A B 00400
UPID US80-2614587

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$70k

Owner & transaction history

since 2015
4 recorded transactions
2019
Price N/A
2015
Price N/A
2010
$36,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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