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    470 Gordonsville Hwy Carthage, TN 37030

    • Retail properties
    • 4,130 SF
    • 0.80 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 470 Gordonsville Hwy

    Lot size
    0.80 lot acres
    Property size
    4,130 SF
    Property type
    Retail properties
    Property subtype
    Restaurants

    Description

    This exceptional turnkey restaurant opportunity in Gordonsville, Tennessee, presents a compelling investment prospect. Located at 470 Gordonsville Highway, Carthage, TN 37030 (Smith County), this well-established eatery boasts 4,130 square feet of space within a 0.8-acre lot. The property is zoned C-2, allowing for a variety of commercial uses. The building itself underwent renovations in 2021, ensuring it's in excellent condition. This sale includes the building only

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carthage
    County
    Smith
    State
    Tennessee
    Longitude
    -85.949
    Latitude
    36.1826

    Comparable in this City

    • Value Estimation
      $285,000
      3,839 SF

      84 Dixon Spgs Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,839 SF
      84 Dixon Spgs Hwy, Carthage, TN 37030-1063
      View Details
    • Value Estimation
      $310,000
      2,320 SF

      945 Uppr Fry Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,320 SF
      945 Uppr Fry Rd, Carthage, TN 37030-1640
      View Details
    • Value Estimation
      $310,000
      3,048 SF

      53 Dixon Spgs Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,048 SF
      53 Dixon Spgs Hwy, Carthage, TN 37030-1010
      View Details
    • Value Estimation by Request
      3,277 SF

      131 Myers St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,277 SF
      131 Myers St, Carthage, TN 37030-1173
      View Details
    • Value Estimation
      $280,000
      3,440 SF

      11 Dixon Spgs Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,440 SF
      11 Dixon Spgs Hwy, Carthage, TN 37030-1080
      View Details
    • Value Estimation by Request
      1,920 SF

      104 3rd E Ave

      RESTAURANT • 1,920 SF
      104 3rd E Ave, Carthage, TN 37030-1471
      View Details

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    Carthage, TN 37030
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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
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