2848 Hwy 48th N Nunnelly, TN 37137-2864
This exceptional mixed-use property, located at 2848 Hwy 48 N in Nunnelly, Tennessee, presents a unique investment opportunity. The 5,333 square foot building sits on a one-acre lot, offering ample space for a variety of commercial ventures. Currently operating as a well-established and popular local restaurant, this property benefits from significant existing infrastructure and a loyal customer base. The sale price is $650,000. The existing restaurant equipment and supplies are available for negotiation and may be included in the sale, providing a seamless transition for a new owner. The high visibility location on Highway 48 N ensures excellent exposure to a steady stream of potential customers. This property is ideal for an entrepreneur looking to establish or expand their business in a thriving community. The one-acre lot offers potential for future expansion or development, adding further value to this already attractive investment. The building's size and layout are versatile enough to accommodate a range of commercial uses, making it a highly desirable asset in the Nunnelly market. This turnkey opportunity combines the benefits of an established business with the potential for future growth and development. Don't miss this chance to own a piece of Nunnelly's vibrant commercial landscape.
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.