Two-Building Retail Storefront
For Sale
$699,900
16473 Rankin Ave, Dunlap, TN 37327
COMMERCIAL - Dunlap, TN
Property Size3,750 SF
Lot Size0.62 Acres
Price / SF$186.64
Days on Market106
Property Features for 16473 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
008.1 & 008.00
Lot size
0.62 Acres
Taxes and HOA fees
Tax Annual Amount
2030
Listing Agency:
The Real Estate Collective
(931) 559-9500
Listed By:
Alma Mendez
(248) 881-0779
Added: Apr 21
Changed: Aug 4
Last Checked: Aug 4 at 7:06PM
MLS# 243611
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.
Two retail properties are being offered together at 16473 and 16435 Rankin Ave in Dunlap, Tennessee. The listing references approximately 3,750 square feet of retail space, along with “another building,” with the properties tied to two parcel IDs: 041P G 008.1 and 041P G 008.00.
The public remarks describe the site as being in a high-visibility area with consistent traffic flow, conveniently positioned just minutes from Walmart.
This combined offering provides a two-building retail configuration for prospective owner-users and investors, with the two parcels listed separately under MLS#243579 and MLS#243580.
The public remarks describe the site as being in a high-visibility area with consistent traffic flow, conveniently positioned just minutes from Walmart.
This combined offering provides a two-building retail configuration for prospective owner-users and investors, with the two parcels listed separately under MLS#243579 and MLS#243580.
Key Highlights
- Prime commercial location in the heart of Dunlap.
- High‑visibility area with consistent traffic flow.
- Conveniently situated minutes from Walmart.
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 | $45.0k | $12.00 |
| − Vacancy | −$3.6k | −$0.96 |
| EGI | $41.4k | $11.04 |
| − OpEx | −$12.4k | −$3.31 |
| NOI | $29.0k | $7.73 |
3,750 SF · lease $12.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$414.0K
$362.3K – $483.0K
NOI $28,980 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$828.2K
$724.7K – $966.2K
NOI $57,974 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
24k
Monthly Visits Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Two separate retail buildings are offered together, identified by distinct parcel IDs.
Where is this retail space located?
The property is located at 16473 Rankin Ave Dunlap, TN.
What is the asking price?
The asking price for this property is $699,900.
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.; Conveniently situated minutes from Walmart.
