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Property profile & analytics
OFF-MARKET Estimated value $745,000
Grocery and convenience stores

1175 Ellington Pkwy Lewisburg, TN 37091-2230

8,900 SF 0.5 ac lot Built 1975
Entity Owned Free & Clear
Property ID
US80-1937888
Property summary
AI-generated overview

This exceptional 8,400 square foot retail property presents a compelling investment opportunity in Lewisburg, Tennessee's burgeoning commercial district. Situated on a half-acre lot at 1175 N Ellington Pkwy, the property boasts two currently leased units, generating immediate income. A significant portion of the building, measuring 2,714 square feet, is currently vacant but offers considerable flexibility. This space could easily be subdivided into two additional units, increasing rental income and maximizing the property's potential. The existing infrastructure includes pre-installed and state-compliant underground fuel tanks, presenting a unique opportunity to add gas pumps to the property, further enhancing its value and revenue streams. This prime location in a rapidly developing area ensures strong potential for future growth and appreciation. The property's size, existing tenancy, and expansion possibilities make it an ideal investment for both seasoned and emerging commercial real estate investors seeking a high-return opportunity in a thriving market. The asking price of $950,000 reflects the property's significant potential and current income generation. This is a rare chance to acquire a versatile retail property with immediate income and substantial upside in a dynamic and promising location.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1975
Construction FRAME
Total area 8,900 SF
Lot 0.5 ac (21,601 SF)
APN 059064A C 00700
UPID US80-1937888
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
  • Citgo Gas Station
  • K AND S MARKET Grocery & Convenience Store
  • M.C. Auto Detailing Car Wash
  • K & S Market Smoke Shop (Bike/Boat/Book/etc) Store
  • Designed Comfort Systems HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$720k
Blend (final) Blend
$745k
Owner & transaction history
Hana Commercial Holding LLC
Hana Commercial Holding LLC
since 2026
7 recorded transactions
2026
Price N/A
2025
$875,000
2015
$612,000
2005
Price N/A
1999
$332,200
1994
$243,800
1992
$182,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.1M +59.4%
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