2065 Clarkrange Monterey Hwy Monterey, TN 38574
Investor Opportunity! This storefront is on a heavily traveled highway for traffic coming from the middle to northwest of the Cumberland Plateau to Monterey via Highway 62, and then to Cookeville and Nashville via I-40. TDOT reports between 4000-5000 vehicles annual average daily traffic. Great potential! Currently rents for $1000/mo. Empty and cleared 1/2 acre on east side is great for expansion of current building or new business. Office and back workroom of store was recently walled off from open space, (can be removed to make one large room, again.) 5 year old composite roof 2 year old gutters, two restrooms accessed from the outside, open space with small stock room on back corner and porch that extends along front and west side of building. This location and building offers a number of possibilities for an entrepreneur or investor. You won't want to miss this one. Red Storage building does not convey. TRF does not hold earnest money. Buyer and their agent to verify all info.
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Dort's Pantry Grocery & Convenience Store Food Market
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.