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Property profile

16245 Us Highway 64 Somerville, TN 38068

FOR SALE
Auto shops
Property ID
US80-1518599
5,440 SF 0.38 ac lot Built 2013
Last sale Oct 2012 · $125,000
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Automotive repair and vehicle service facility totaling approximately 6,000 square feet of heated commercial shop space, configured for body and vehicle service operations. The shop includes 9 service bays, with several bays sized to accommodate 18-wheelers and buses, and is supported by a range of shop systems and equipment such as a Devilbiss paint booth, 2 vehicle lifts, a Grabber track, air compressor, dryer, and hose reels, along with 3-phase power. Interior support areas include a tool…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$114k
Assessed land$24k
Assessed improvement$90k

Value estimate

· Oct 2026
$365k
$329k – $402k
AI approach$290k
NOI build-up
Gross scheduled income$106k
Vacancy & credit loss−$7k
Operating expenses−$30k
NOI · 8.94% cap applied$69k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
8.94%
$69k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B2
JurisdictionFAYETTE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.5
Building Supply10.5
Auto Parts Store10.0

Location

16245 Us Highway 64 Somerville, TN 38068
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16500 Us Hwy 64, Somerville, TN 38068-6185 $11,300 Nov 2021 2,220 SF
17135 Us Hwy 64, Somerville, TN 38068 $170,000 May 2021 1,360 SF
Hwy 76, Somerville, TN 38068 $35,000 Feb 2021 3,403 SF
6950 Hwy 76th S, Somerville, TN 38068-7032 $60,000 Aug 2020 1,944 SF
17360 Us Hwy 64, Somerville, TN 38068-6160 $125,000 Mar 2019 3,080 SF
17595 Us Hwy 64, Somerville, TN 38068-6192 $250,000 Nov 2018 5,280 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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