Warehouse on Highway 50
For Sale
$690,000
1271 Highway 50 E, Centerville, TN 37033
For sale warehouse property located on Highway 50 East in Centerville, Tennessee.
Property Size3,000 SF
Price / SF$230
Days on Market94
Property Features for 1271 Highway 50 E
General Information
Standard status
Active
Size
3,000 SF
Building Details
Year Built
1972
Listing Agency:
Crye-Leike, Inc., REALTORS
Listed By:
JIMMY D. DUGGER BROKER VICE PRESIDENT · License #244191
(615) 210-5027
Source:
Shearonsellsteam
Added: Jul 23
Changed: Oct 7
Last Checked: Oct 7 at 2:25PM
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 Crye-Leike, Inc., REALTORS
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale warehouse property is located at 1271 Highway 50 E in Centerville, TN (Hickman County). The offering is presented as an “other warehouse”/warehouse-style commercial building.
Access directions are provided from multiple routes: from Columbia, take Highway 50 W to Centerville, and the property is on the right; from Nashville, take Hwy 100 W to Centerville, go past Centerville square, stay on Highway 50 E, and the property is on the left.
The property benefits from direct placement along Highway 50 E for straightforward vehicular access. Further interior details, building size, and specific improvements are not included in the information provided.
Access directions are provided from multiple routes: from Columbia, take Highway 50 W to Centerville, and the property is on the right; from Nashville, take Hwy 100 W to Centerville, go past Centerville square, stay on Highway 50 E, and the property is on the left.
The property benefits from direct placement along Highway 50 E for straightforward vehicular access. Further interior details, building size, and specific improvements are not included in the information provided.
Key Highlights
- Warehouse property for sale on Highway 50 East in Centerville, Tennessee
- Located in Hickman County
- Year built: 1972
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,830
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$576,600
$576.6K
Cap Rate 7%
$411,857
$411.9K
Cap Rate 9%
$320,333
$320.3K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$35.3K $11.76/SF
− Vacancy
−$1.4K −$0.45/SF
EGI
$33.9K $11.31/SF
− OpEx
−$5.1K −$1.70/SF
NOI
$28.8K $9.61/SF
Area
Hickman County, TN
Vacancy
3.86%
Lease Rate
$11.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$576,600
Cap Rate 7%
$411,857
Cap Rate 9%
$320,333
Alternative Uses
Best Use
Warehouse
$411.9K
$360.4K – $480.5K
NOI $28,830 @ 7.0% cap · market cap 4.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$879.4K
$769.5K – $1.03M
NOI $61,560 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37033, TN
7,865
Population
3,848
Households
2
Avg Household Size
44
Median Age
14%
College-Educated
87%
High-School Grad
266.3 sq mi
ZIP Area
30
Density / Sq Mi
$56,455
Median Household Income
$37,199
Median Earnings
$935
Median Rent
$199,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Warehouse - For sale warehouse property located on Highway 50 East in Centerville, Tennessee.
Where is this warehouse located?
The property is located at 1271 Highway 50 E Centerville, TN.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Warehouse property for sale on Highway 50 East in Centerville, Tennessee; Located in Hickman County; Year built: 1972
