127 Broadway Blvd Jefferson City, TN 37760
- Warehouses
- 14,400 SF
- 0.80 lot acres
Current Use by Public Records
- USA Electric / Electrician
- Tractor Supply Co. / Propane Supplier / Animal Feed Store
Property Details for 127 Broadway Blvd
- Year built
- 1968
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.80 lot acres
- Property size
- 14,400 SF
- Zone code
- R-1
- Property type
- Warehouses
- APN
- 023E F 02700
- APU
- 023EF02700
Description
This exceptional commercial space at 127 Broadway Blvd UNIT C, Jefferson City, TN 37760, offers unparalleled retail exposure in a prime location. Situated adjacent to a busy CVS pharmacy and strategically positioned between two traffic signals, this property boasts exceptional visibility and high pedestrian and vehicular traffic. The unit is ideal for businesses that don't require extensive parking. The asking price is $2,400, and the available space is 2,400 square feet. This location provides all the benefits of city services, making it an attractive option for a variety of businesses. The lease terms are NNN (Net, Net, Net), meaning the tenant is responsible for property taxes, insurance, and maintenance. Tenant improvements are at the tenant's cost, subject to owner approval. This property's high visibility, coupled with its competitive lease rates, presents a unique opportunity for businesses seeking a strong foothold in a thriving Jefferson City commercial district. The building's signage opportunities further enhance the potential for advertising and brand recognition. Don't miss this chance to secure a prime retail space in a high-traffic area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $415,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $460,000
- 6.5%
- $460,000
- 7%
- $455,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $395,000
- Geo Method
- $435,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $495,000
- Retail
- $405,000
- Mixed-Use
- $455,000
- Hospitality
- $415,000
- Educational
- $445,000
- Residential Income
- $395,000
- Energy
- $420,000
- Income-Based Land
- $510,000
- Food Service
- $530,000
Location Insight
- Map
- Local Demand
- City
- Jefferson City
- County
- Jefferson
- State
- Tennessee
- Longitude
- -83.4906
- Latitude
- 36.1151
- CBSA code
- 34100
- CBSA name
- MORRISTOWN, TN METROPOLITAN STATISTICAL AREA