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    419 Home St Union City, TN 38261

    For Sale
    $250,000

    Office/Land Investment Opportunity in TN

    Property size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional commercial property, located at 419 N Home St, Union City, TN 38261, presents a compelling investment opportunity. The 1,500 square foot building sits on a 0.24-acre lot and is ideally suited for a variety of commercial uses, including restaurants and retail stores. Recently renovated, the property boasts significant improvements, enhancing its functionality and appeal. These upgrades include a brand-new roof, completely redone wiring, and a newly installed bathroom featuring a shower, sink, and toilet. The interior has been freshly painted, and the exterior has received a new coat of paint as well. The property also benefits from two recently installed (within the last two years) split unit air conditioning systems, ensuring efficient climate control. The asking price for this turnkey commercial property is $250,000. Its strategic location in Obion County, Tennessee, offers excellent visibility and accessibility, making it an attractive proposition for entrepreneurs and investors alike. This is a rare chance to acquire a move-in ready commercial space with recent upgrades, ready for immediate occupancy and business operations. Don't miss this chance to establish your business in a thriving community.

    Property Features for 419 Home St

    General Information

    Property type
    Land
    Square Feet
    1,500 SF
    Lot Size
    10,454 SF

    HighLights

    • 1,500 SF building on a 0.24‑acre lot at 419 N Home St, Union City, TN 38261.
    • Recently renovated with a new roof, electrical wiring, and bathroom.
    • Fresh interior and exterior paint.
    • Two new split‑unit AC systems.
    • Asking price: $250,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Union City Hookah ... Hookah Bar

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Union City
    County
    Obion
    State
    Tennessee
    Longitude
    -89.0495873
    Latitude
    36.4286042

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    FAQs

    What type of property is this?
    Land - Office/Land Investment Opportunity in TN
    Where is this land located?
    The property is located at 419 Home St Union City, TN.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 1,500 SF building on a 0.24-acre lot at 419 N Home St, Union City, TN 38261.; Recently renovated with a new roof, electrical wiring, and bathroom.; Fresh interior and exterior paint.
    Request Owner's contact information
    419 Home St Union City, TN 38261
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    Union City, TN 38261
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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
    419 Home St Union City, TN 38261
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