Property profile

1018 Washington Ave Brownsville, TN 38012

OFF-MARKET
Retail space
Property ID
US80-1077603
882 SF 118 ac lot Built 1950
Individually Owned 18-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property, located at 1018 N Washington Avenue in Brownsville, Tennessee, presents a compelling investment opportunity. The building encompasses 1,330 square feet of versatile space, ideal for a variety of commercial uses. Situated on a lot with no acreage specified, the property offers convenient access to local amenities and transportation routes within Brownsville. The asking price is $190,000. The property is categorized as "Other," suggesting flexibility in its potential applications. Given its size and location, this property is well-suited for entrepreneurs and investors seeking a foothold in the Brownsville commercial market. The absence of acreage suggests a potentially lower maintenance burden compared to properties with larger land areas. Further investigation into zoning regulations and permitted uses is recommended for prospective buyers to fully assess the property's potential. This property represents a chance to acquire a well-positioned commercial space in a growing Tennessee town at an attractive price point. Serious inquiries are encouraged to explore the possibilities this property offers. The property's classification as "Other" necessitates a thorough due diligence process to determine its suitability for specific business ventures.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Total area 882 SF
Lot 118 ac (5,140,080 SF)
Zoning code GC
APN 066M A 00600
UPID US80-1077603

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1018 Washington Ave Brownsville, TN 38012
Brownsville metro Census 930302 BROWNSVILLE, TN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$100k

Owner & transaction history

since 2008
6 recorded transactions
2019
Price N/A
2008
$37,500
2007
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GC · Brownsville, TN
General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1018 Washington Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message