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    2861 Highway 48 Cunningham, TN 37052

    For Sale
    $750,000

    Highway 48 Cunningham, TN - $750,000

    Property size:
    2,038 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional 2.88-acre commercial property in Cunningham, Tennessee, presents a unique investment opportunity. Located at 2861 Highway 48, the site boasts over 770 feet of road frontage, ensuring high visibility and accessibility. Recently rezoned C5, the property offers a multitude of potential commercial uses as outlined in the Montgomery County Regional Planning Commission's zoning ordinance (CMCRPC.org). The existing structures include a substantial 2,038 square foot house, a 25' x 34' detached garage, a large storage shed, and a separate utility building, providing immediate flexibility for various business ventures. The expansive acreage and versatile existing buildings make this property ideal for a range of commercial applications, including but not limited to service stations, convenience stores, automotive businesses, or storage facilities. The strategic location on Highway 48 offers excellent exposure to a significant volume of daily traffic, making it an attractive proposition for businesses seeking high visibility and convenient access. This property is ready for immediate development or adaptive reuse, presenting a compelling opportunity for investors and entrepreneurs alike. The combination of prime location, ample space, and flexible zoning regulations makes this a truly exceptional commercial offering. Serious inquiries are encouraged to explore the full potential of this remarkable property.

    Property Features for 2861 Highway 48

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,038 SF
    Lot Size
    125,453 SF

    Building Details

    Year Built
    1945
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Spa & Massage Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Kitchen & Bath Storage Facility Home Appliance Store Catering Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Cunningham
    County
    Montgomery County, TN
    State
    Tennessee
    Longitude
    -87.36915
    Latitude
    36.43862

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    FAQs

    What type of property is this?
    Commercial real estate - Highway 48 Cunningham, TN - $750,000
    Where is this commercial real estate located?
    The property is located at 2861 Highway 48 Cunningham, TN.
    What is the asking price?
    The asking price for this property is $750,000.
    (931) 647-3501
    Request Owner's contact information
    2861 Highway 48 Cunningham, TN 37052
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    Cunningham, TN 37052
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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
    2861 Highway 48 Cunningham, TN 37052
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