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Property profile & analytics
OFF-MARKET Estimated value $865,000
Retail space

257 Hwy 11th E Bulls Gap, TN 37711-3417

9,268 SF 1.73 ac lot Built 2009
Entity Owned 5-yr Hold Free & Clear
Property ID
US80-2739821
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2009
Construction FRAME
Total area 9,268 SF
Lot 1.73 ac (75,359 SF)
Zoning code B-3
APN 037161 04301
UPID US80-2739821
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
Current use
Occupant on record · Public records
  • Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$915k
CAP Approach CAP
by Request
Comparable Approach Comparable
$858k
Blend (final) Blend
$865k
Owner & transaction history
Spectrum Outdoor Partnership · 5 yrs held
Spectrum Outdoor Partnership
since 2020
Last sale
$865,550
1 recorded transaction
2020
$865,550
Zoning & alternative use
B-3 · Bulls Gap, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

606. Arterial Business District (B-3). It is the in tent of this district to establish business areas t hat encourage groupings of compatible business activities; reduce traffic congestion to a minimum and enhance the aesthetic atmosphere. In order to maint ain and enhance the unique aesthetic characteristics of the community and achieve the intent of the Ar…

Zone name Arterial Business
General category COMMERCIAL
Zone area 39.53 ac
Source ZONING ORDINANCE
Top alternative use upside
Commercial (general) $820,000 +33.8%
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