104 Public Sq Alexandria, TN 37012
- Retail space
- 4,060 SF
- 0.09 lot acres
Current Use by Public Records
- Retail space
Property Details for 104 Public Sq
- Year built
- 1921
- Lot size
- 0.09 lot acres
- Property size
- 4,060 SF
- Zone code
- C-1
- Property type
- Retail space
- APN
- 021022G A 01300
- APU
- 021022GA01300
Description
This exceptional commercial property offering presents a rare opportunity to acquire two interconnected retail buildings situated directly on Alexandria, Tennessee's vibrant Public Square. The combined footprint totals 5,620 square feet, encompassing 2,400 square feet at 102 N Public Sq and 3,220 square feet at 104 N Public Sq. Both buildings are fully built-out and equipped with all necessary utilities, ensuring immediate occupancy and operational readiness. The property boasts convenient parking both in front and behind the buildings, providing ample space for customers and employees. This prime location offers excellent visibility and accessibility, situated in DeKalb County with easy access to major transportation arteries, including Highways 70 and 53. The versatile floor plans are well-suited for a wide range of retail and office uses, making this an attractive investment for businesses seeking a high-traffic location in a thriving community. The 0.15-acre lot provides sufficient space for operations and potential future expansion. The asking price for this combined property is $300,000, representing a compelling value for the size, location, and potential return on investment. This is a turnkey opportunity not to be missed.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $165,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $175,000
- 6.5%
- $185,000
- 7%
- $185,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $165,000
- Geo Method
- $205,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $220,000
- Retail
- $200,000
- Mixed-Use
- $215,000
- Hospitality
- $180,000
- Educational
- $180,000
- Residential Income
- $185,000
- Energy
- $200,000
- Income-Based Land
- $195,000
- Food Service
- $220,000
Location Insight
- Map
- Local Demand
- City
- Alexandria
- County
- Dekalb
- State
- Tennessee
- Longitude
- -86.0335
- Latitude
- 36.078