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    OFF-MARKET
    Turn key restaurants

    17238 Rankin Ave, Dunlap, TN 37327-7027

    2,135 SF 0.41 ac lot Built 1962
    Individually Owned Free & Clear
    Property ID
    US80-1372272
    Property summary
    AI-generated overview

    This exceptional 1.52-acre commercial property in Dunlap, TN, presents a unique investment opportunity. Located at 17238 Rankin Ave, this C-Class retail site boasts a 2,800 sq ft restaurant building constructed in 1962, featuring an all-brick exterior and a 10-year-old rubber membrane roof. The property includes a second building (15x50 ft), ample paved parking (32+ spaces and 40+ overflow), and excellent visibility on US Hwy 127 (Rankin Ave), a 3-lane highway with over 14,500 vehicles per day. The site benefits from double frontage, providing a flow-through traffic pattern, and proximity to State Hwy 111. All utilities are readily available, including sewer, gas, water, electric, and fiber. The property is zoned Commercial C1 and is not located in a FEMA 100 or 500-year floodplain. The existing restaurant, a community landmark since 1962, offers the potential for continued operation or redevelopment. The seller may leave fixtures, furnishings, and equipment

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1962
    Total area 2,135 SF
    Lot 0.41 ac (17,919 SF)
    APN 077041G B 00102
    UPID US80-1372272
    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
    • Dunlap Restaurant Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    DEXTER M TATE JR
    DEXTER M TATE JR
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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