2519 Anderson Ave Brownsville, TN 38012
- Drive through restaurants
- 3,756 SF
- 1.20 lot acres
Current Use by Public Records
- Drive through restaurants
Property Details for 2519 Anderson Ave
- Year built
- 2000
- Lot size
- 1.20 lot acres
- Property size
- 3,756 SF
- Zone code
- GC
- Property type
- Drive through restaurants
- APN
- 095L A 00100
- APU
- 095LA00100
Description
This exceptional 3,753 square foot freestanding restaurant building presents a unique investment opportunity in Brownsville, Tennessee. Situated on a 1.2-acre lot, the property boasts high visibility and accessibility, located on Anderson Avenue, conveniently off Interstate 40 Exit 56. The building is currently vacant and ready for immediate occupancy. This prime location benefits from significant traffic counts, with I-40 boasting an Annual Average Daily Traffic (AADT) of 36,330 vehicles and Anderson Avenue recording 8,783. The surrounding area is thriving, featuring multiple hotels, gas stations, restaurants, and key community assets such as the West Tennessee Delta Heritage Center/Tina Turner Museum, Tractor Supply Co., and an elementary school with over 500 students. Furthermore, the property enjoys exceptional proximity to the highly anticipated Blue Oval City, Ford's new electric vehicle manufacturing facility, located approximately 14 minutes away. This strategic location offers unparalleled access to a large and growing consumer base, making this property ideal for a variety of restaurant concepts. The entire building is available for ground lease. Don't miss this chance to establish your business in a dynamic and rapidly developing area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $320,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $360,000
- 6.5%
- $325,000
- 7%
- $310,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $365,000
- Geo Method
- $290,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $340,000
- Retail
- $375,000
- Mixed-Use
- $330,000
- Hospitality
- $345,000
- Educational
- $310,000
- Residential Income
- $360,000
- Energy
- $350,000
- Income-Based Land
- $350,000
- Food Service
- $350,000
Location Insight
- Map
- Local Demand
- City
- Brownsville
- County
- Haywood
- State
- Tennessee
- Longitude
- -89.248
- Latitude
- 35.5427
- CBSA code
- 15140
- CBSA name
- BROWNSVILLE, TN MICROPOLITAN STATISTICAL AREA