1101 Reelfoot Ave Union City, TN 38261-5501
Property profile & analytics
1101 Reelfoot Ave, Union City, TN 38261-5501
- Turn key restaurants
- 3,902 SF
- 1.31 lot acres
Property ID
US80-1954753
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Applebee's Grill + Bar / Restaurant
Property Details for 1101 Reelfoot Ave
- Year built
- 2004
- Lot size
- 1.31 lot acres
- Property size
- 3,902 SF
- Property type
- Turn key restaurants
- APN
- 066059 01101
- APU
- 6605901101
Description
This exceptional commercial property, located at 1101 W. Reelfoot Ave in Union City, Tennessee, presents a unique investment opportunity. The 3,854 square foot building sits on a commercially zoned lot (APN: 059 011.01) and is priced at $475,000, or $123.25 per square foot. The single-story structure offers significant potential for a restaurant owner/user. The property boasts a prime location with high visibility and traffic, experiencing an estimated 28,000 vehicles per day. While previously damaged by fire, this presents a chance to rebuild and create a modern, functional restaurant space. The property's zoning is Commercial, allowing for a variety of uses. The building's size and location make it an ideal candidate for a thriving restaurant business. Serious inquiries are encouraged to explore the possibilities of this high-traffic, high-potential commercial property in Obion County, Tennessee, zip code 38261. The property is ready for redevelopment and offers a strong return on investment for the right buyer. This is a rare opportunity to acquire a well-situated commercial property in a growing area.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Union City
- County
- Obion
- State
- Tennessee
- Longitude
- -89.0703
- Latitude
- 36.4167
- CBSA code
- 46460
- CBSA name
- UNION CITY, TN-KY MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$49,800
$219,800
$269,600
-
$124,500
$549,500
$674,000
