2816 Hwy 43rd S Leoma, TN 38468-5644
This exceptional mixed-use property, located at 2816 Highway 43 S in Leoma, Tennessee, presents a compelling investment opportunity. The building boasts 2,400 square feet of space, situated on a 1.02-acre lot, offering significant versatility for a range of business ventures. Its prime location benefits from high visibility and traffic flow due to its road frontage on both Highway 43 and Lambs Ferry Road, ensuring excellent exposure for any business. The building's structure is solid, further enhanced by a recently installed roof, providing peace of mind for potential owners. The substantial lot size allows for ample parking and potential for future expansion or outdoor uses, depending on the intended business model. This property is ideally suited for entrepreneurs seeking a well-positioned space with significant growth potential in a thriving area. The combination of size, location, and recent improvements makes this a truly attractive proposition for those seeking a strong return on investment. Serious inquiries are encouraged to explore the possibilities this unique property offers. The asking price is $249,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.