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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1310 Market St Bolivar, TN 38008

    • Flex space
    • 3,831 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-0969453
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • QUALITY CO INC OF BOLIVAR / Paint Store

    Property Details for 1310 Market St

    Lot size
    0.41 lot acres
    Property size
    3,831 SF
    Property type
    Flex space

    Description

    This exceptional 3,831-square-foot commercial property in Bolivar, Tennessee, presents a unique opportunity for a variety of businesses. Located at 1310 W Market St, this free-standing building offers a versatile blend of retail and flex space, ideal for entrepreneurs and established companies alike. The building boasts 1,831 square feet of office/flex space and a 2,000-square-foot heated warehouse, providing ample room for operations and storage. A convenient roll-up door ensures easy loading and unloading of goods. The property sits on a 0.41-acre lot and is zoned B-1, allowing for a wide range of permitted uses. Its prime location in Bolivar's commercial district offers excellent visibility and accessibility, with easy ingress and egress. The asking price is $238,000, translating to $62.12 per square foot. This property is not located within a flood zone, providing peace of mind for potential buyers. Don't miss this chance to establish your business in a thriving community with this adaptable and well-situated commercial space. This is a rare opportunity to acquire a versatile property in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bolivar
    County
    Hardeman
    State
    Tennessee
    Longitude
    -89.0051331
    Latitude
    35.2587458

    Comparable in this City

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    • $124,900
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      Bolivar Commercial Building For Sale

      Well-maintained commercial building in Bolivar's historic district.
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    • New
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      Usable Land with Owner Financing

      12 acres in Hardeman County, TN with owner financing.
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    • New
      $80,000
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      Bolivar, TN 12.71 Acre Land

      12.71 acres in Hardeman County, TN, suitable for various uses.
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    • New
      $82,000
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      13 Acres of Usable Land

      13 acres in Hardeman County, TN with owner financing.
      5 George Walter Rd, Bolivar, TN 38008
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    • $85,000
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      Secluded Hunting Land with Cabin

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      15555 64, Bolivar, TN 38008
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    Similar Nearby for Sale

    • $399,900
      6,000 SF

      Versatile Commercial Facility on 1 Acre

      High-exposure commercial facility suitable for automotive, industrial, or service-based operations.
      18130 Tennessee 125, Bolivar, TN 38008
      View Details
    • $124,900
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      Bolivar Commercial Building For Sale

      Well-maintained commercial building in Bolivar's historic district.
      118 W Market St, Bolivar, TN 38008
      View Details
    • New
      $76,000
      12.00 Acres

      Usable Land with Owner Financing

      12 acres in Hardeman County, TN with owner financing.
      7 Harris St, Bolivar, TN 38008
      View Details
    • New
      $80,000
      12.71 Acres

      Bolivar, TN 12.71 Acre Land

      12.71 acres in Hardeman County, TN, suitable for various uses.
      10 Harris St, Bolivar, TN 38008
      View Details
    • New
      $82,000
      13.00 Acres

      13 Acres of Usable Land

      13 acres in Hardeman County, TN with owner financing.
      5 George Walter Rd, Bolivar, TN 38008
      View Details
    • $85,000
      19.00 Acres

      Secluded Hunting Land with Cabin

      19-acre hunting retreat with cabin near Hatchie River.
      15555 64, Bolivar, TN 38008
      View Details

    Similar Nearby for Lease

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      Retail Space in Bolivar, TN

      Retail spaces available in a shopping center anchored by Tractor Supply.
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    • $1,500 /Mo

      Land in Bolivar, TN

      Land for lease in a thriving industrial sector.
      1021 N Main St, Bolivar, TN 38008
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    1310 Market St
    Bolivar, TN 38008
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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