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Property profile & analytics
OFF-MARKET Estimated value $705,000
Retail space

1240 Florence Rd Savannah, TN 38372-3418

16,264 SF 1.71 ac lot Built 2001
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US80-1823069
Property summary
AI-generated overview

This exceptional commercial property, located at 1240 Florence Rd in Savannah, Tennessee, offers a versatile 14,514 square-foot building situated on a generous 1.7-acre lot. The property is classified as retail, office, and industrial, making it suitable for a variety of business types. The building's configuration is ideal for a single tenant seeking a significant footprint. The property features one loading dock, a key asset for businesses requiring efficient loading and unloading capabilities. The property is situated in Hardin County, Tennessee, and offers a triple net (NNN) lease structure, providing tenants with predictable and transparent operating costs. This single-tenant occupancy presents a unique opportunity for businesses seeking a prominent presence in a growing market. The expansive space and ample land provide flexibility for various operational needs, while the location ensures high visibility and accessibility. The property's zoning and permitted uses should be verified independently. This is a rare opportunity to secure a substantial commercial space in a desirable location. The zip code is 38372.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2001
Construction FRAME
Total area 16,264 SF
Lot 1.71 ac (74,488 SF)
Zoning code B2
APN 036083P B 01602
UPID US80-1823069
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
  • Elizabeth A. Manley, DPH Pharmacy
  • A-1 Overstock Depot Department Store
  • Christy M. Doyle, PharmD Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$627k
Blend (final) Blend
$705k
Owner & transaction history
Jay Om Sai INC · 6 yrs held
Jay Om Sai INC
since 2019
3 recorded transactions
2019
$311,500
2012
Price N/A
2003
$600,000
Zoning & alternative use
B2 · Savannah, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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