1160 Old Mount Vernon Rd Bethpage, TN 37022
This exceptional investment opportunity presents a 5.01-acre retail property located at 1160 Old Mt Vernon Rd, Bethpage, Tennessee, 37022. Currently operating at 100% occupancy with a single tenant under lease until May 2025, this property offers a secure income stream for the buyer. The asking price is $189,900. The property boasts a charming country setting, complete with a pond and covered front and rear porches. The building itself features a separate bedroom system and a large kitchen, adding to its versatility. Recent improvements include the installation of all-new Pex plumbing. Prospective buyers must honor the existing lease terms in their entirety. Given the current lease, appointments are required for viewings, and it's crucial to avoid disturbing the tenants. This property is ideal for investors seeking a stable, income-generating asset in a picturesque location. The square footage of the building is listed as 1 square foot, however, this should be verified independently. This discrepancy may be due to the primary value being the land itself.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.