Property profile

241 Grace Cv Medina, TN 38355

OFF-MARKET
Bowling alleys
Property ID
US80-2966334
12,967 SF 1.08 ac lot Built 2009
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, located in Medina, TN, presents a unique investment opportunity. Built in 2009, the single-story building offers a total of 5,695 square feet of leasable space, currently divided into two suites. One suite, boasting over 5,500 square feet, is immediately available and presents a blank canvas for a variety of retail or restaurant concepts. The expansive layout allows for flexible design and customization to suit diverse business needs. The property benefits from excellent visibility and accessibility, complemented by a generous 40-space parking lot, ensuring convenient customer access. The building is zoned for commercial use, providing flexibility for a range of businesses. Its previous use as a skating rink provides a unique history and potential for creative repurposing. The property's spacious layout and ample parking make it an ideal location for businesses seeking high visibility and convenient customer access in a thriving community. This is a rare opportunity to secure a substantial retail space in a desirable location with significant potential for growth and success. The property is ready for immediate occupancy, offering a turnkey solution for businesses seeking a prime retail location in Medina, TN. The building's single-story design ensures easy navigation and accessibility for customers and staff alike.

Property profile

Verified
Property type Bowling alleys
Use group BOWLING ALLEY
Year built 2009
Total area 12,967 SF
Lot 1.08 ac (47,045 SF)
APN 177L F 00700
UPID US80-2966334

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

241 Grace Cv Medina, TN 38355-8785
Medina metro Census 967100 JACKSON, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$800k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$790k

Owner & transaction history

since 2023
Last sale
$800,000
1 recorded transaction
2023
$800,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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