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Property profile & analytics
FOR SALE
Retail space

10149 2Nd St Gates, TN 38037

2,075 SF 0.09 ac lot Built 1920
Entity Owned 8-yr Hold Free & Clear
Property ID
US80-0369212
Property summary
AI-generated overview

This exceptional retail property, located at 10149 2nd Street in Gates, Tennessee, offers 2,075 square feet of versatile commercial space. Situated on a lot with no acreage, this property is ideal for a variety of retail businesses seeking a high-visibility location. The asking price is $470,000. The property's size and location make it an attractive opportunity for entrepreneurs and established businesses alike. Its prime position ensures excellent exposure to potential customers, maximizing the potential for success. The absence of additional land allows for focused development and efficient use of the existing space. This presents a unique chance to acquire a well-positioned retail space in a thriving community. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Serious inquiries are encouraged to explore this promising investment opportunity further. Detailed information regarding the property's specifics and potential uses is available upon request. Don't miss this chance to secure a valuable asset in a desirable location. The property is priced competitively, reflecting its market value and potential for return on investment.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Total area 2,075 SF
Lot 0.09 ac (4,000 SF)
Zoning code B
APN 049039M D 00700
UPID US80-0369212
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
  • Lnc Drive Thru Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Yellowjacket Fuel INC · 8 yrs held
Yellowjacket Fuel INC
since 2017
6 recorded transactions
2018
Price N/A
2017
$100,000
2009
$26,000
1993
$10,000
1993
$10,000
1969
Price N/A
Zoning & alternative use
B · Gates, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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