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    601 Anderson St Tullahoma, TN 37388

    Sponsored
    For Sale
    $415,000

    Prime 0.84-acre corner lot in Tullahoma, TN.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.84-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Tullahoma, Tennessee. Strategically located on a main highway, this corner lot boasts high daily traffic counts, ensuring maximum visibility and accessibility for any commercial venture. The property is zoned for commercial trade, offering a wide range of development possibilities. Its prime location provides excellent exposure to a substantial customer base. Detailed studies supporting the property's potential are available upon request. The individual ownership structure simplifies the transaction process. This is an ideal site for businesses seeking high visibility and convenient access to a busy thoroughfare. The 0.84-acre lot provides ample space for construction or expansion, catering to a variety of commercial needs. Located at 601 S Anderson St, Tullahoma, TN 37388, this property offers a unique chance to establish a successful business in a dynamic and growing community. The asking price for this exceptional commercial land is $415,000. Don't miss this opportunity to secure a prime location in a high-traffic area.

    Property Features for 601 Anderson St

    General Information

    Property type
    Land
    Lot Size
    36,590 SF

    HighLights

    • $415,000 asking price.
    • 0.84‑acre commercial land parcel.
    • Located in Tullahoma, Tennessee, at 601 S Anderson St, in Coffee County, zip code 37388.
    • Commercial trade zoning.
    • High‑traffic corner lot on a main highway.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tullahoma
    County
    Coffee
    State
    Tennessee
    Longitude
    -86.199505
    Latitude
    35.3597449

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    FAQs

    What type of property is this?
    Land - Prime 0.84-acre corner lot in Tullahoma, TN.
    Where is this land located?
    The property is located at 601 Anderson St Tullahoma, TN.
    What is the asking price?
    The asking price for this property is $415,000.
    What are key features of this property?
    This property features: $415,000 asking price.; 0.84-acre commercial land parcel.; Located in Tullahoma, Tennessee, at 601 S Anderson St, in Coffee County, zip code 37388.
    Request Owner's contact information
    601 Anderson St Tullahoma, TN 37388
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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
    601 Anderson St Tullahoma, TN 37388
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