Prime Commercial Property in
For Sale
Contact for pricing
14788 Rankin Ave, Dunlap, TN 37327
High-visibility commercial property ideal for retail or restaurant use.
Property Size2,000 SF
Price / SF$262.50
Days on Market714
Property Features for 14788 Rankin Ave
General Information
Standard status
Active
Size
2,000 SF
Total Parking Spaces
60
Property subtype
Mixed Use, Retail
Zoning
C-2
Occupancy
100%
Building Details
Buildings
1
Stories
1
Listing Agency:
Keller Williams Greater Chattanooga
Listed By:
Amber Hardiman · License #356993
(423) 497-2699
Source:
Crexi
Added: Oct 25, 2024
Changed: Oct 3
Last Checked: Oct 7 at 9:25AM
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 Keller Williams Greater Chattanooga
Investment Insights
Based on property information with market context.
Located in the vibrant downtown area of Dunlap, this commercial property is situated at the intersection of Rankin Ave and State Route 28, offering high visibility. The property is suitable for a family restaurant or retail storefront. It features a heated and cooled garage area for year-round comfort. There are 60 designated parking spaces and two driveways, providing easy access for customers. Essential utilities such as electric, gas, and city water are available. The interior showcases pearl epoxy flooring. The building currently houses a boutique full of stock, and the seller is open to discussing the possibility of including the contents in the sale. The property size is 2000 square feet. This commercial building stands at one of the busiest intersections in the city.
Key Highlights
- Prime location at the busy intersection of Rankin Ave and State Route 28, offering high visibility.
- 60 designated parking spaces and two driveways, ensuring easy accessibility for customers.
- Heated and cooled garage area provides year‑round comfort.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,612
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,240
$372.2K
Cap Rate 7%
$265,886
$265.9K
Cap Rate 9%
$206,800
$206.8K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$26.4K $13.20/SF
− Vacancy
−$1.6K −$0.79/SF
EGI
$24.8K $12.41/SF
− OpEx
−$6.2K −$3.10/SF
NOI
$18.6K $9.31/SF
Area
Sequatchie County, TN
Vacancy
6.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,240
Cap Rate 7%
$265,886
Cap Rate 9%
$206,800
Alternative Uses
Best Use
Specialty Retail
$265.9K
$232.7K – $310.2K
NOI $18,612 @ 7.0% cap · market cap 3.55%
Second Best
Retail
$220.8K
$193.2K – $257.6K
NOI $15,456 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$441.7K
$386.5K – $515.3K
NOI $30,920 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
230
Businesses Nearby
84k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Shops & Services 28%
Home Improvements & Furnishings 14%
Electronics 1%
McDonald's
Dining
16,772 visits/mo
0.0 miles
Dollar Tree
Shops & Services
10,180 visits/mo
0.3 miles
Tractor Supply Co.
Home Improvements & Furnishings
10,018 visits/mo
0.3 miles
SONIC Drive In
Dining
9,135 visits/mo
0.3 miles
Taco Bell
Dining
9,053 visits/mo
0.4 miles
Demographics for 37327, TN
12,412
Population
5,319
Households
2.3
Avg Household Size
43
Median Age
18%
College-Educated
81%
High-School Grad
191.4 sq mi
ZIP Area
65
Density / Sq Mi
$51,862
Median Household Income
$28,990
Median Earnings
$843
Median Rent
$217,600
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - High-visibility commercial property ideal for retail or restaurant use.
Where is this storefront property located?
The property is located at 14788 Rankin Ave Dunlap, TN.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Prime location at the busy intersection of Rankin Ave and State Route 28, offering high visibility.; 60 designated parking spaces and two driveways, ensuring easy accessibility for customers.; Heated and cooled garage area provides year‑round comfort.
