120 Bethany Ln Shelbyville, TN 37160-4141
This exceptional Shelbyville, TN investment property, located at 120 Bethany Ln, 37160, offers a unique blend of established income and future development potential. The property encompasses 9,984 square feet on a 5.34-acre lot, featuring two tenant-occupied buildings, each with eight 2-bedroom, 1-bathroom units totaling 4,992 square feet. Nine of the sixteen units boast leases exceeding two years, providing a stable income stream. Built in 2005, the property is zoned COMM and boasts a paved parking lot and expansive grassy area. The asking price is $1,850,000, translating to $185.30 per square foot. This presents a rare chance to acquire a well-maintained, income-producing asset with significant upside for future commercial development in a thriving Bedford County location. The property's original owner is selling, offering a unique opportunity for investors seeking a stable return and long-term growth potential. This turnkey investment is ready for immediate income generation and future expansion.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.