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High-Visibility Retail Space
For Sale
$349,000

16435 Rankin Ave, Dunlap, TN 37327

COMMERCIAL - Dunlap, TN

Property Size2,400 SF
Price / SF$145.42
Days on Market110

Property Features for 16435 Rankin Ave

General Information

Property type Commercial Sale
Property subtype Other
Directions From SCCH, Head toward Church St, Turn right at the 1st cross street onto Church St, Turn left onto Main St, Turn right onto Rankin Ave, Destination will be on the left.
Subdivision Sequatchie Co., TN
Standard status Active
APN 008.00
Size 2,400 SF

Taxes and HOA fees

Tax Annual Amount 2043

Building Details

Year built 1930
Floors in Building 1
Listing Agency: The Real Estate Collective
Listed By: Alma Mendez
Added: Apr 17 Changed: Aug 4 Last Checked: Aug 4 at 7:06PM
MLS# 243580

Copyright © 2026 Upper Cumberland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Offered for sale, this retail space at 16435 Rankin Ave in Dunlap, TN includes approximately 2,400 square feet designed for flexible business use. The property is positioned to capture passersby in a high-visibility area, supporting steady day-to-day accessibility.

The location places it just minutes from Walmart, contributing to strong traffic exposure and convenient customer access. This setup can fit both owner-users seeking a retail storefront and investors evaluating a retail portfolio addition.

Key Highlights

  • Prime commercial location in the heart of Dunlap.
  • High‑visibility area with consistent traffic flow.
  • Approximately 2400 sq ft of retail space.

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $28.8k $12.00
− Vacancy −$2.3k −$0.96
EGI $26.5k $11.04
− OpEx −$7.9k −$3.31
NOI $18.5k $7.73
2,400 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$265.0K
$231.8K – $309.1K (±1% cap)
NOI $18,547 @ 7.0% cap · market cap 5.31%
Second Best
no second resolved use
Theoretical Best
Office A
$530.1K
$463.8K – $618.4K (±1% cap)
NOI $37,104 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Morrison’s Woodwork Creations Home Decor Store Mierta Family Photography Photography Service

Suggested Use

Top Pick HVAC Service Building Supply Storage Facility (Bike/Boat/Book/etc) Store Locksmith Skin Care Clinic

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

306
Businesses Nearby
24k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 58% Home Improvements & Furnishings 26% Apparel 15%
Elder's Ace Hardware-Dunlap Home Improvements & Furnishings
6,422 visits/mo 0.4 miles
Dollar General Shops & Services
6,119 visits/mo 0.5 miles
Goodwill Apparel
3,772 visits/mo 0.4 miles
AutoZone Shops & Services
3,178 visits/mo 0.2 miles
Tri-County Bank Shops & Services
2,651 visits/mo 0.3 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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For-sale retail property offering approximately 2,400 sq ft near Walmart in Dunlap, with strong traffic exposure and easy access.
Where is this retail space located?
The property is located at 16435 Rankin Ave Dunlap, TN.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Prime commercial location in the heart of Dunlap.; High‑visibility area with consistent traffic flow.; Approximately 2400 sq ft of retail space.
More about this property
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