95 Main St Dunlap, TN 37327
Prime 2.7-acre commercial lot in downtown Dunlap, Tennessee (APN: 077048M B 01200), listed at $147,000 ($54,444/acre). This C-1 zoned property boasts remarkable views of the Cumberland Plateau and Rankin Avenue. The land is not currently served by the sewer system; connection is estimated at $30,000 by the city. While residential homes adjoin the property, it's one of the few remaining commercial lots in Dunlap and is outside the flood zone. The lot is level at the front, gently sloping upward towards the rear, offering ample space for building and parking. A septic system is feasible, particularly with a multi-level building plan utilizing the hillside. The rear of the property is bordered by forest. Its location and size make it ideal for various commercial ventures, such as a restaurant with outdoor seating or a hotel with balcony views. This exceptional opportunity presents significant potential for development in a desirable downtown setting. The address is 95 Main St, Dunlap, TN 37327.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.