Property profile

1008 Gainesboro Hwy Celina, TN 38551

OFF-MARKET
Drive through restaurants
Property ID
US80-2988918
1,707 SF 0.82 ac lot Built 1985
Entity Owned 7-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

1008 Gainesboro Hwy Celina, TN 38551-5011
Celina metro Census 955000
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$145k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$145k

Owner & transaction history

since 2019
1 recorded transaction
2019
$950,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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