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Property profile & analytics
FOR SALE
Storefront properties

2065 Clarkrange Monterey Hwy Monterey, TN 38574

988 SF
Property ID
US80-Q008618
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Storefront properties
Total area 988 SF
UPID US80-Q008618
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
  • Dort's Pantry Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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?”
More about this property
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