302 Main St Waverly, TN 37185
- Drive through restaurants
- 6,104 SF
- 0.70 lot acres
Current Use by Public Records
- Sonic Drive-In / Fast Food Restaurant
- News-Democrat / Newspaper Publisher
- Shopper's Guide / Newspaper Publisher
Property Details for 302 Main St
- Year built
- 1974
- Lot size
- 0.70 lot acres
- Property size
- 6,104 SF
- Property type
- Drive through restaurants
- APN
- 043064H T 00500
- APU
- 043064HT00500
Description
This exceptional commercial property, situated at 302 W Main St in Waverly, Tennessee, presents a compelling investment opportunity. Boasting 2,160 square feet of space on a 0.73-acre lot, this building enjoys a highly desirable location amidst three high-traffic businesses, ensuring excellent visibility and accessibility. Currently configured as a newspaper office, the property offers remarkable versatility and adaptability. The layout can be easily reconfigured to suit a wide range of commercial uses, making it ideal for entrepreneurs seeking to establish a new business or for existing businesses looking to upgrade their facilities. The sale includes the building and land only
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $245,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $165,000
- 6.5%
- $165,000
- 7%
- $150,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $160,000
- Geo Method
- $175,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $180,000
- Retail
- $180,000
- Mixed-Use
- $160,000
- Hospitality
- $170,000
- Educational
- $180,000
- Residential Income
- $165,000
- Energy
- $145,000
- Income-Based Land
- $135,000
- Food Service
- $180,000
Location Insight
- Map
- Local Demand
- City
- Waverly
- County
- Humphreys
- State
- Tennessee
- Longitude
- -87.7984
- Latitude
- 36.0832