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Property profile & analytics
FOR SALE
Warehouses

140 Churchill Dr Sparta, TN 38583

7,480 SF 0.45 ac lot Built 1970
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US80-1554854
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1970
Construction FRAME
Total area 7,480 SF
Lot 0.45 ac (19,550 SF)
Zoning code C-D
APN 093049I A 00100
UPID US80-1554854
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
  • Bargain Supply Warehouse Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Daniel Burgess · 4 yrs held
Daniel Burgess
since 2021
Last sale
$190,000
7 recorded transactions
2023
Price N/A
2022
Price N/A
2021
$190,000
2016
Price N/A
2014
Price N/A
2012
Price N/A
2011
$100,000
Zoning & alternative use
C-D · Sparta, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C-D zones are considered to have a moderate impact unless a specific use is classified elsewhere. Non-residential uses in the CN zone are also considered to have a moderate impact. The following uses shall be 14-112 considered to have a moderate impact regardless of zoning classification: off- site parking lots located in resident ial district, gasoline serv…

Zone name Commercial D Districts
General category INDUSTRIAL
Zone area 1,341.74 ac
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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