925 Mill St Pulaski, TN 38478
- Retail space
- 6,040 SF
- 0.55 lot acres
Current Use by Public Records
- Retail space
Property Details for 925 Mill St
- Year built
- 1975
- Lot size
- 0.55 lot acres
- Property size
- 6,040 SF
- Property type
- Retail space
- APN
- 028096 00702
- APU
- 2809600702
Description
This exceptional 5,000 square foot mixed-use building is situated on a highly visible 0.55-acre lot on one of Pulaski's busiest highways, Minor Hill Highway. Its strategic location ensures high visibility and accessibility for a diverse range of businesses. Currently configured as two separate office units, the property offers significant flexibility. The layout can easily be adapted to accommodate multiple tenants or a single large operation. A key feature is the inclusion of four walk-in freezers and existing commercial kitchen equipment, making it ideal for food-related businesses or those requiring cold storage. The existing configuration also includes space well-suited for a beauty salon or a CPA office, showcasing the property's adaptability to various commercial uses. The ample square footage and versatile layout provide a unique opportunity for entrepreneurs and investors seeking a prominent location in a thriving community. The building's potential is further enhanced by its prominent highway frontage, ensuring maximum exposure to a large volume of daily traffic. This property presents a rare chance to acquire a well-positioned, adaptable commercial space in a desirable Pulaski location. The asking price is $282,500.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $150,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $120,000
- 6.5%
- $115,000
- 7%
- $120,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $110,000
- Geo Method
- $125,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $95,000
- Retail
- $100,000
- Mixed-Use
- $95,000
- Hospitality
- $105,000
- Educational
- $130,000
- Residential Income
- $110,000
- Energy
- $125,000
- Income-Based Land
- $125,000
- Food Service
- $100,000
Location Insight
- Map
- Local Demand
- City
- Pulaski
- County
- Giles
- State
- Tennessee
- Longitude
- -87.0467
- Latitude
- 35.1894