Property profile

243 Spg St Sparta, TN 38583

OFF-MARKET
Turn key restaurants
Property ID
US80-0356413
3,980 SF 1.29 ac lot Built 1951
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1951
Total area 3,980 SF
Lot 1.29 ac (56,192 SF)
Zoning code C-D
APN 093049I A 03800
UPID US80-0356413

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

243 Spg St Sparta, TN 38583-1415
Sparta metro Census 935300
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

Zoning & alternative use

C-D · Sparta, TN
Zoning description

C-D zones are considered to have a moderate impact unless a specific use is classified elsewhere. Non-residential uses in the CN zone are also considered to have a moderate impact. The following uses shall be 14-112 cons…

General category INDUSTRIAL

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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