2378 New Tullahoma Hwy Manchester, TN 37355
- Commercial real estate
- 2,400 SF
- 0.41 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2378 New Tullahoma Hwy
- Year built
- 1995
- Lot size
- 0.41 lot acres
- Property size
- 2,400 SF
- Property type
- Commercial real estate
- APN
- 016093 02500
- APU
- 1609302500
Description
This exceptional 2,400 square foot mixed-use property, situated on a 0.41-acre lot at 2378 New Tullahoma Hwy in Manchester, Tennessee, presents a compelling investment opportunity. Priced competitively at $299,900, this property boasts a prime location within a rapidly growing area experiencing high traffic volume. Its versatile design makes it suitable for a variety of business ventures, offering significant potential for owner-occupancy or as a lucrative rental property. The strong demand in this thriving Manchester neighborhood ensures a solid return on investment. This is an ideal chance to establish or expand a business in a high-visibility location, capitalizing on the area's robust economic growth. The property's size and location combine to create a unique opportunity for entrepreneurs seeking a foothold in a dynamic market. Don't miss this chance to secure a valuable asset in a rapidly developing commercial corridor. The property's strategic placement ensures excellent visibility and accessibility, making it an attractive option for a wide range of businesses. Serious inquiries are encouraged to explore the full potential of this exceptional commercial property. Act quickly, as opportunities like this are rare.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $335,000
- 6.5%
- $345,000
- 7%
- $295,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $370,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $305,000
- Retail
- $320,000
- Mixed-Use
- $395,000
- Hospitality
- $360,000
- Educational
- $290,000
- Residential Income
- $365,000
- Energy
- $390,000
- Income-Based Land
- $295,000
- Food Service
- $310,000
Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Coffee
- State
- Tennessee
- Longitude
- -86.0989
- Latitude
- 35.4447
- CBSA code
- 46100
- CBSA name
- TULLAHOMA, TN MICROPOLITAN STATISTICAL AREA