420 Talley StSavannah, TN 38372

Property Details for 420 Talley St

Year built

2022

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.83 AC

Property size (Sq ft)

3,500 SF

Property type

Retail properties

Property subtype

Auto shops

APN

036083I D 02700

APU

036083ID02700

Description

This exceptional 3,500 square foot mixed-use commercial property, situated on a 0.83-acre lot in Savannah, Tennessee, presents a remarkable opportunity for a discerning buyer. Built in 2022, this turnkey facility is ideally suited for a repair business, boasting a thoughtfully designed layout to maximize efficiency and productivity. The building features three spacious service bays, each equipped with large overhead doors, allowing for simultaneous operation on multiple vehicles. Ample workspace is complemented by dedicated office space, a convenient break room, and 1.5 bathrooms. Climate control is ensured with a mini-split HVAC system in the office area, while a Clean Burn CB 500 oil burner provides efficient heating for the shop. The property also includes a 400-amp breaker box, an 18,000 lb 4-post lift, and a 1вЃ„2 ton Gaffey crane, enhancing operational capabilities. Illumination is provided by well-lit LED lighting inside and solar LED lighting outside. Security is enhanced by a chain-link fence and gate. Conveniently located at 420 Talley Street, this property offers easy access to major transportation routes, ensuring seamless client and supplier access. City water and sewer services are available. Priced at $350,000, this property represents an outstanding investment in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $813,498

  6.5%

  $750,921

  7%

  $697,284

• Comparable approach

  Method

  Valuation

  Relative Method

  $759,226

  Geo Method

  $759,226

• Alternative Use

  Use

  Valuation

  Residential

  $633,430

  Hospitality

  $580,218

  Educational

  $482,735

  Medical

  $499,337

  Retail

  $750,921

Location Insight

City

Savannah

County

Hardin

State

Tennessee

Latitude

35.2133

Longitude

-88.2422

Property Tax & Assessments

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