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Restaurant Site For Sale
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1101 W Reelfoot Ave, Union City, TN 38261

Restaurant site available, previously damaged by fire.

Property Size3,854 SF
Price / SF$123.25
Days on Market1951

Property Features for 1101 W Reelfoot Ave

General Information

Standard status Active
Size 3,854 SF
Property subtype Retail
Zoning Commercial
Investment Type Owner/User

Building Details

Buildings 1
Stories 1
Listing Agency: Carpenter Real Estate Co., Inc.
Listed By: Bob Carpenter · License #TN 212944
Source: Crexi
Added: Jun 8, 2021 Changed: Oct 4 Last Checked: Oct 9 at 7:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carpenter Real Estate Co., Inc.

Investment Insights

Based on property information with market context.

This commercial real estate property, suitable for restaurants, offers a potential restaurant site. The property was previously heavily damaged by fire. The location benefits from a traffic count of 28,000 vehicles per day. The property size is 3,854 square feet.

Key Highlights

  • Potential restaurant site
  • High traffic count: 28,000 vehicles per day
  • Additional property details available

Property Analytics

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Current Use

Applebee's Grill + Bar Restaurant

Suggested Use

Top Pick Dental Office Parking Lot & Garage Pharmacy (Bike/Boat/Book/etc) Store Grocery & Convenience Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

580
Businesses Nearby
Under-served
Demand for This Use

Demographics for 38261, TN

16,627
Population
7,178
Households
2.3
Avg Household Size
42
Median Age
20%
College-Educated
87%
High-School Grad
176.9 sq mi
ZIP Area
94
Density / Sq Mi
$52,884
Median Household Income
$34,343
Median Earnings
$759
Median Rent
$141,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Restaurant - Restaurant site available, previously damaged by fire.
Where is this restaurant located?
The property is located at 1101 W Reelfoot Ave Union City, TN.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Potential restaurant site; High traffic count: 28,000 vehicles per day; Additional property details available
More about this property
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