229 Court St Tiptonville, TN 38079
This exceptional 2,295 square foot building, located at 229 S Court St, Tiptonville, TN 38079, presents a unique investment opportunity. Currently vacant, the entire space is available for lease as a single tenant occupancy. The property is zoned commercial and offers versatile options for various business types. Its adaptable layout is ideal for medical offices, traditional office spaces, coworking environments, or even a restaurant with potential for a drive-thru. A complete remodel is scheduled to commence in September 2024, providing a fresh, modern space for the future tenant. The building's dimensions are 45 feet by 51 feet. This location benefits from the positive economic growth in Lake County, TN, fueled by the establishment of a new manufacturing plant bringing numerous jobs to Northwest Tennessee. This presents a compelling opportunity to capitalize on the area's expanding economy and secure a prominent presence in a thriving community. The property is ready for immediate lease negotiations, allowing for customization to meet specific business needs. Contact us today to discuss your vision for this versatile space and explore the possibilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.