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Property profile & analytics
OFF-MARKET
Commercial real estate

16 1St St Monteagle, TN 37356

1.8 ac lot Built 1974
Property ID
US80-1313062
Property summary
AI-generated overview

This exceptional 1.8-acre commercial property, located at 16 1st St in Monteagle, Tennessee, presents a unique investment opportunity. Built in 1974, the property is ideally situated near popular local establishments such as the High Point Restaurant and Mountain Goat, offering convenient access to a thriving community. Its proximity to the renowned Monteagle Assembly and the historic Highlander site adds significant appeal. Furthermore, the property enjoys a tranquil neighborhood setting, yet remains just a short distance from Sewanee, home to the prestigious University of the South. The property's zoning and potential uses are versatile, making it suitable for a variety of commercial ventures. Alternatively, given its size and location, the property could also be repurposed for residential use. The asking price for this 1.8-acre parcel is $350,000. The property's 37356 zip code and its coordinates (35.2414228 latitude, -85.8284957 longitude) provide precise location details. This property offers a compelling blend of commercial potential and residential adaptability in a desirable Tennessee town. Serious inquiries are encouraged to explore the full range of possibilities this unique offering presents. The property is currently classified as retail.

Property profile
Verified
Property type Commercial real estate
Year built 1974
Lot 1.8 ac (78,408 SF)
UPID US80-1313062
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
  • Church of the Holy Comforter Church
  • Mid-Cumberland Mountain Ministry Church
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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