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Property profile & analytics
OFF-MARKET Estimated value $85,000
Retail space

112 1st St Union City, TN 38261-3802

2,331 SF 0.06 ac lot Built 1920
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US80-0954439
Property summary
AI-generated overview

This exceptional commercial property, located at 112 S First St, Union City, TN 38261, presents a unique investment opportunity. Priced at $50,000, this 2,331 square foot retail building sits on a 0.06-acre lot. Its prime location in a high-traffic area ensures excellent visibility and accessibility for businesses. The property boasts both front and rear entrances, providing convenient access for customers and staff. The strategic positioning next to the Capital Theater guarantees a steady flow of potential customers. This versatile space is ideal for a variety of retail ventures, capitalizing on the bustling commercial activity in the immediate vicinity. The property's size and location make it an attractive option for entrepreneurs seeking a well-established commercial presence in Union City. The address is easily accessible and benefits from significant foot and vehicle traffic. This is a rare opportunity to acquire a well-situated commercial property in a thriving Tennessee town at an attractive price point. Serious inquiries are encouraged to explore this promising investment.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Total area 2,331 SF
Lot 0.06 ac (2,520 SF)
APN 066048L W 00200
UPID US80-0954439
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
  • Bottoms Up Bar & Grill Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$85k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$85k
Owner & transaction history
Joel Mendoza Martinez · 1 yrs held
Joel Mendoza Martinez
since 2024
Last sale
$85,000
1 recorded transaction
2024
$85,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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