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    2070 Us Highway 64 Whiteville, TN 38075
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    Property profile & analytics

    2070 Us Highway 64, Whiteville, TN 38075

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    • Grocery and convenience stores
    • 3,234 SF
    • 0.80 lot acres
    For Sale
    $1,592,960
    View Listing →
    Retail Property in Whiteville, TN For Sale
    $1,592,960
    10,500 SF

    Retail Property in Whiteville, TN

    Retail property for sale with 10,500 square feet of space.

    2070 Us Highway 64, Whiteville, TN
    View Listing
    Property ID
    US80-0302217
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 2070 Us Highway 64

    Year built
    2000
    Lot size
    0.80 lot acres
    Zone code
    B-2
    Property type
    Grocery and convenience stores
    APN
    035046 05404
    APU
    3504605404

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Whiteville
    County
    Hardeman
    State
    Tennessee
    Longitude
    -89.1529
    Latitude
    35.3182

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $4,846
    $8,400
    $149,480
    $157,880
    -
    $21,000
    $373,700
    $394,700

    Comparable in this City

    • Value Estimation
      $1,020,000
      3,866 SF

      3207 Hwy 64

      GROCERY, SUPERMARKET
      3207 Hwy 64, Whiteville, TN 38075
      View Details
    • Value Estimation by Request
      10,500 SF

      2068 Us-64

      Individual retail properties
      2068 Us-64, Whiteville, TN 38075
      View Details
    • Value Estimation
      $510,000
      2,985 SF

      1835 Us Hwy 64

      GROCERY, SUPERMARKET
      1835 Us Hwy 64, Whiteville, TN 38075-7454
      View Details
    • Value Estimation by Request
      14,366 SF

      1990 Hwy E Hwy

      GROCERY, SUPERMARKET
      1990 Hwy E Hwy, Whiteville, TN 38075
      View Details
    • Value Estimation
      $910,000
      2,232 SF

      2645 Us Hwy 64

      GROCERY, SUPERMARKET
      2645 Us Hwy 64, Whiteville, TN 38075-7466
      View Details
    • Value Estimation by Request
      5,355 SF

      Main St

      RETAIL STORES (PERSONAL SERVICES)
      Main St, Whiteville, TN 38075
      View Details

    Similar Nearby for Sale

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      7,644 SF

      Retail Property on Major Thoroughfare

      Retail property with high visibility and traffic in Whiteville, TN.
      2050 Us Highway 64, Whiteville, TN 38075
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    • Contact for pricing
      10,500 SF

      Single Tenant Family Dollar Store

      10,500 SF single-tenant building leased to Family Dollar.
      2068 Us Highway 64, Whiteville, TN 38075
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    • $475,000
      1.36 Acres

      Commercial Property on Highway 64

      Commercial property in Whiteville, TN, near Blue Oval.
      1815 Us Highway 64, Whiteville, TN 38075
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    • Contact for pricing
      10,500 SF

      Retail Property in Whiteville, TN

      Retail property for sale with 10,500 square feet of space.
      2070 Us Highway 64, Whiteville, TN 38075
      View Details
    • $549,000
      83.39 Acres

      Diverse Land Parcel in Whiteville

      83.39 acres of diverse land with timber and pasture.
      Mt. Moriah Dr, Whiteville, TN 38075
      View Details
    • Contact for pricing
      2.00 Acres

      Residential Land in Fayette County

      Two-acre residential land suitable for building a dream home.
      Old Jackson Rd, Whiteville, TN 38075
      View Details
    View Listing
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    Whiteville, TN 38075
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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