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Property profile & analytics
OFF-MARKET
Retail space

1213 Gaines St Lawrenceburg, TN 38464-3142

5,132 SF 0.46 ac lot Built 1977
Individually Owned 5-yr Hold Free & Clear
Property ID
US80-2021858
Property summary
AI-generated overview

This exceptional mixed-use property in Lawrenceburg, TN, presents a compelling investment opportunity. The 7,360 square foot building sits on a 0.44-acre lot and boasts two street-level storefronts, offering excellent visibility and signage potential. One storefront, a fully renovated 2,000 square foot space, is currently leased for $2,000 per month and features a new HVAC unit (2021), new firewall, sheetrock, LED lighting, and commercial flooring. It was previously used as a medical office. The second storefront comprises 1,000 square feet of street-level space and an additional 4,000+ square feet in the rear. This expansive area is adaptable to multiple commercial uses. The building's history includes use as three separate rental units, demonstrating its versatility. All utilities are consolidated for streamlined management. The property benefits from its proximity to Davy Crockett State Park and enjoys high traffic counts. This prime location offers significant potential for rental income and appreciation. The building's layout and size provide flexibility for a variety of commercial ventures.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1977
Total area 5,132 SF
Lot 0.46 ac (20,000 SF)
APN 050078P C 00801
UPID US80-2021858
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
  • Body of Christ Fellowship Church
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
George Vrailas · 5 yrs held
George Vrailas
since 2021
Last sale
$120,000
3 recorded transactions
2021
$120,000
2012
$120,000
1999
$90,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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