Property profile

112 Anderson St Tullahoma, TN 37388

OFF-MARKET
Retail space
Property ID
US80-0832263
1,666 SF 0.44 ac lot Built 1980
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity encompasses five strategically located properties in the heart of Tullahoma, Tennessee. The package includes 102 S Anderson St, 110 S Anderson St, 112 S Anderson St, 313 E Lauderdale St, and 307 E Lauderdale St, offering a combined total of almost one acre (0.89 acres) of land. This prime corner lot boasts an impressive 368 feet of road frontage, with 220 feet along S Anderson Street and 148 feet along E Lauderdale Street. The property's C2 zoning designation presents significant potential for a variety of commercial uses. The high visibility and substantial road frontage make this an ideal location for retail businesses seeking maximum exposure. This is a rare opportunity to acquire a substantial multi-property portfolio in a thriving Tennessee city, offering significant potential for both immediate and long-term returns. The asking price for this entire package is $399,900. The square footage of the individual buildings is not currently available. This is a turnkey investment ready for immediate income generation or redevelopment. Serious inquiries only.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1980
Total area 1,666 SF
Lot 0.44 ac (19,000 SF)
APN 016124K J 00100
UPID US80-0832263

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service

Location

112 Anderson St Tullahoma, TN 37388-3732
Tullahoma metro Census 970801 TULLAHOMA, TN MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

1 recorded transaction
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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