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    1213 Gaines St Lawrenceburg, TN 38464

    Sponsored
    For Sale
    $399,900

    7,360 sq ft, 0.44 acres, high traffic

    Property size:
    7,360 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional mixed-use property in Lawrenceburg, TN, presents a compelling investment opportunity. The 7,360 square foot building sits on a 0.44-acre lot and boasts two street-level storefronts, offering excellent visibility and signage potential. One storefront, a fully renovated 2,000 square foot space, is currently leased for $2,000 per month and features a new HVAC unit (2021), new firewall, sheetrock, LED lighting, and commercial flooring. It was previously used as a medical office. The second storefront comprises 1,000 square feet of street-level space and an additional 4,000+ square feet in the rear. This expansive area is adaptable to multiple commercial uses. The building's history includes use as three separate rental units, demonstrating its versatility. All utilities are consolidated for streamlined management. The property benefits from its proximity to Davy Crockett State Park and enjoys high traffic counts. This prime location offers significant potential for rental income and appreciation. The building's layout and size provide flexibility for a variety of commercial ventures.

    Property Features for 1213 Gaines St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    7,360 SF
    Lot Size
    19,166 SF

    Building Details

    Year Built
    1977
    Property Profile Location Intelligence

    Current Use by Public Records

    Body of Christ Fellowship Church

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Pharmacy Department Store Kitchen & Bath Food Market Storage Facility Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawrenceburg
    County
    Lawrence County, TN
    State
    Tennessee
    Longitude
    -87.35106
    Latitude
    35.24229

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    FAQs

    What type of property is this?
    Mixed-use property - 7,360 sq ft, 0.44 acres, high traffic
    Where is this mixed-use property located?
    The property is located at 1213 Gaines St Lawrenceburg, TN.
    What is the asking price?
    The asking price for this property is $399,900.
    (931) 580-4669
    Request Owner's contact information
    1213 Gaines St Lawrenceburg, TN 38464
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    Lawrenceburg, TN 38464
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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
    1213 Gaines St Lawrenceburg, TN 38464
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