Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning