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Property profile & analytics
OFF-MARKET
Commercial real estate

1302 Main St Waverly, TN 37185-1819

2,982 SF 0.58 ac lot Built 1995
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US80-0111024
Property summary
AI-generated overview

This exceptional mixed-use property in Waverly, TN, presents a unique investment opportunity. The main structure, a 2,418 square foot commercial building situated on 0.58 acres with Highway 70 frontage, boasts a rich history as the former Bradley Motors. Inside, you'll find two offices, a half-bath, a vehicle spray paint booth, three-phase electrical service, oversized garage doors at each end, impressive 13.5-foot ceilings, and a substantial workshop area. This versatile space is ideal for a variety of businesses. Separately, on a contiguous parcel, sits an unfinished 1,512 square foot, three-bedroom, two-bathroom mobile home with a permanent foundation located at 109 Swift St. This mobile home features an open concept layout, a large master suite, completed subfloors, new drywall, a gas fireplace, a carport, and new ductwork. It's ready for a buyer to complete the interior to their specifications. The property offers the potential to combine business and residential living or to generate rental income from the mobile home. The property is being sold in its as-is condition. Note that the mobile home is located in a flood zone. This is a rare chance to acquire a substantial commercial building with significant highway visibility and a bonus residential component.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1995
Construction WOOD
Total area 2,982 SF
Lot 0.58 ac (25,182 SF)
APN 043064E B 00300
UPID US80-0111024
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
  • Bradley Motors Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Roger Betty · 4 yrs held
Roger Betty
since 2022
Last sale
$200,000
7 recorded transactions
2022
$200,000
2019
Price N/A
2018
Price N/A
2004
$55,000
2001
$30,000
1994
$19,500
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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