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    555 W Bockman Way Sparta, TN 38583

    Sponsored
    For Sale
    $649,000

    SINGLE_FAMILY - Sparta, TN

    Type:Retail
    Property size:
    1,640 SF
    Lot size:
    0.33 Acres
    Days on Market:
    15
    Last Refresh:
    Jan 5 at 10:06 pm

    Property Features for 555 W Bockman Way

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    008.00
    Size
    1,640 SF
    Lot size
    0.33 Acres

    Building Details

    Year built
    1967
    Floors in Building
    1

    The Real Estate Collective (931) 559-9500

    Listing agent Hinal Tanwar (931) 881-6971

    Listing date Dec 22, 2025

    Copyright © 2025 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.

    Overview

    Turnkey Restaurant and Retail Property

    This property presents an opportunity to own a retail space with a Papa John's franchise and a separately rented retail space. The sale includes all equipment and fixtures for the Papa John's operation. The property is situated in Sparta, Tennessee. The lot size is 0.33 acres. The property has a size of 1640 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Papa Johns Pizza Pizza Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sparta
    County
    White
    State
    Tennessee
    Longitude
    -85.4795917
    Latitude
    35.933423

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    FAQs

    What type of property is this?
    Turn key restaurant - Thriving retail property with Papa John's franchise and rental space.
    Where is this turn key restaurant located?
    The property is located at 555 W Bockman Way Sparta, TN.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: - Turnkey Papa John's franchise with all equipment included; - Diversified income stream from Papa John's and a separately rented retail space; - Includes valuable real estate asset
    (931) 881-6971
    Request Owner's contact information
    555 W Bockman Way Sparta, TN 38583
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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
    555 W Bockman Way Sparta, TN 38583
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