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Property profile & analytics
OFF-MARKET
Drive through restaurants

1008 Gainesboro Hwy Celina, TN 38551-5011

1,707 SF 0.82 ac lot Built 1985
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US80-2988918
Property summary
AI-generated overview

This exceptional 1,707-square-foot commercial property, situated on a 0.662-acre lot in Celina, Tennessee, presents a remarkable investment opportunity. Currently a former Dairy Queen Grill & Chill, this single-tenant building boasts 100% occupancy and is zoned for commercial use. The asking price is $800,000, translating to $571.18 per square foot. Located at 1008 Gainesboro Hwy, Celina, TN 38551, this property enjoys a prime location between a Shell Gas Station and a Walgreens, ensuring high visibility and traffic flow. The ample 20-space parking lot caters to customer convenience. This property is ideal for a quick-service restaurant (QSR) franchise, a bank, or a liquor store, offering a unique chance to establish a branded presence in a market currently lacking a similar food chain. The sale includes only the building and land; no Dairy Queen signage or furniture is included. This is a turnkey opportunity for a developer or franchisee seeking a high-traffic location in a thriving community. The property's strategic positioning and substantial lot size provide significant potential for future development or expansion.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1985
Total area 1,707 SF
Lot 0.82 ac (35,890 SF)
APN 014056B D 00904 001
UPID US80-2988918
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dairy Queen Grill & Chill Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Zaman LLC · 7 yrs held
Zaman LLC
since 2019
1 recorded transaction
2019
$950,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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