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    OFF-MARKET Estimated value $800,000
    Bowling alleys

    241 Grace Cv, Medina, TN 38355-8785

    12,967 SF 1.08 ac lot Built 2009
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US80-2966334
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $800k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $800k
    Owner & transaction history
    JR Medina INC · 2 yrs held
    JR Medina INC
    since 2023
    Last sale
    $800,000
    1 recorded transaction
    2023
    $800,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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