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    1683 Madison St Shelbyville, TN 37160

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    For Sale
    $1,400,000

    Multi-building commercial property ideal for automotive or service-based businesses.

    Property size:
    4,000 SF
    Lot size:
    1.33 Acres

    Property Features for 1683 Madison St

    General Information

    Standard status
    Active
    Size
    4,000 SF
    Lot size
    1.33 Acres

    Building Details

    Year built
    1992

    Source: KELLER WILLIAMS REALTY - MURFREESBORO Agent TAMMY PAXSON

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Property with Automotive Focus

    This multi-building commercial property is zoned commercial and suitable for automotive or service-based businesses. Building 1 features a car lot with space for approximately 50 vehicles, a living/working area with 2 bedrooms (or offices), a full kitchen and a bathroom, and a 3-bay garage equipped with a lift, air compressor, and central heat and air. The roof of Building 1 is 3 years old. Building 2 is currently used as a body shop and offers 5 bays, including a dedicated paint room with a suction fan and a full paint booth. The building also includes 2 bathrooms and 2 offices, plus space for a wrecker or additional equipment. The property includes multiple electric and water meters, making it suitable for rental income or multi-tenant use. The property is suitable for a car lot, body shop, tinting service, or paint operation. The property size is 4000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sanders family body ... Auto Body Shop 4-Lane Motors Used Car Dealer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Hair Salon Auto Repair Shop Gym & Fitness Auto Parts Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shelbyville
    County
    Bedford
    State
    Tennessee
    Longitude
    -86.416853
    Latitude
    35.483732

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    FAQs

    What type of property is this?
    Automotive property - Multi-building commercial property ideal for automotive or service-based businesses.
    Where is this automotive property located?
    The property is located at 1683 Madison St Shelbyville, TN.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Commercial zoning suitable for automotive or service-based businesses.; - Multi-building property with **car lot (space for 50 vehicles), 3-bay garage with lift, and 5-bay body shop.**; - Building 1 includes a **2-bedroom (or 2-office) living/working area with full kitchen and bathroom.**
    (615) 895-8000
    Request Owner's contact information
    1683 Madison St Shelbyville, TN 37160
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    Shelbyville, TN 37160
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1683 Madison St Shelbyville, TN 37160
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