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Property profile & analytics
OFF-MARKET
Commercial real estate

135 Little Senator Cir Clinton, TN 37716-6869

1,134 SF 0.65 ac lot Built 1940
Individually Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US80-1934936
Property summary
AI-generated overview

This exceptional 1,870 square foot shopping center, situated on a one-acre lot in Clinton, Tennessee (37716), presents a lucrative investment opportunity. The property, located at 135 Little Senator Cir, boasts a prime location with highway exposure and a service road, ensuring high visibility for your business. Built in 1958 and extensively renovated in 2022, the building features a new roof, gutters, siding, plumbing, electrical system, fresh paint, and updated HVAC. The property is currently vacant, offering flexibility for a single tenant or the potential to be divided into two separate units. Zoned for commercial use (APN: 00103109800), this property offers a strong return on investment, with an estimated annual income of $33,600. The asking price is $699,000, translating to $307.49 per square foot. The property is situated in a fast-growing area near Norris Lake, and there's potential for expansion, with adjacent properties available for purchase as a package deal for $1.1 million. This meticulously maintained shopping center is ready for immediate occupancy and offers significant upside potential. The property is a triple net (NNN) lease.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1940
Total area 1,134 SF
Lot 0.65 ac (28,314 SF)
APN 001031 09900
UPID US80-1934936
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
  • Marine specialist (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
by Request
Owner & transaction history
Mansour Tavangaran · 5 yrs held
Mansour Tavangaran
since 2021
Last sale
$150,000
2 recorded transactions
2021
$150,000
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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