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Property profile & analytics

13734 Hwy 28 Whitwell, TN 37397-5364

  • Retail space
  • 892 SF
  • 0.62 lot acres
OFF-MARKET
Last Sale
Nov 14, 2022
$40,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US80-1975210
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

  • Retail space

Property Details for 13734 Hwy 28

Year built
1994
Lot size
0.62 lot acres
Property size
892 SF
Property type
Retail space
APN
058050B D 02300
APU
058050BD02300

Description

This meticulously remodeled 620 sq ft retail building, situated on a 0.57-acre lot at 13734 Highway 28 in Whitwell, Tennessee, presents a unique investment opportunity. Previously a boutique, the property currently operates as a thriving tanning salon and spa, offering immediate income potential. A complete renovation, from foundation to finish, included new paint, fixtures, plumbing, electrical systems, sheetrock, and flooring. Two new split heat and air units, installed just a year and a half ago, ensure efficient climate control. Exterior improvements include new vinyl siding and a one-year-old roof and gutters, minimizing future maintenance needs. The interior layout is flexible and adaptable. The rear of the building houses two 32-bulb Heartland brand tanning beds with exhaust fans, a 52-bulb s9-minute stand-up tanning unit, a Versa Spa sunless spray tanning booth, an Aspen spa capsule with heat, massage, and aromatherapy features, a teeth whitening room, and dedicated salon and nail service areas. These additional spaces offer significant potential for rental income or expansion of existing services. The property's central location on the main highway in Whitwell ensures high visibility and accessibility. This turnkey operation comes complete with an established clientele, making it an ideal acquisition for an entrepreneur seeking immediate returns and growth potential. The asking price is $275,000.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Whitwell
County
Marion
State
Tennessee
Longitude
-85.5173
Latitude
35.1986
CBSA code
16860
CBSA name
CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$658
$12,760
$12,560
$25,320
-
$31,900
$31,400
$63,300
More about this property
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