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    2921 Huntsville Hwy Fayetteville, TN 37334
    Property profile & analytics

    2921 Huntsville Hwy Fayetteville, TN 37334

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    • Mixed-use properties
    • 2,610 SF
    • 2.00 lot acres
    Off-Market
    Property ID
    US80-0945094
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Highland United Methodist Church / Church

    Property Details for 2921 Huntsville Hwy

    Year built
    1975
    Lot size
    2.00 lot acres
    Property size
    2,610 SF
    Property type
    Mixed-use properties

    Description

    This exceptional mixed-use property presents a compelling investment opportunity in Fayetteville, TN. Situated on a generous two-acre lot, the property boasts a substantial 2,610 square feet of existing building space. Currently improved with a residential dwelling, this versatile property offers significant potential for a variety of commercial uses, subject to local zoning regulations. The expansive lot provides ample room for expansion, redevelopment, or the addition of complementary structures. Its strategic location in Fayetteville offers convenient access to local amenities, transportation routes, and a growing community. The asking price of $325,000 represents a strong value proposition for investors seeking a foothold in the thriving Fayetteville market. This property is being offered as-is, and prospective buyers are encouraged to conduct their own due diligence to assess its suitability for their intended use. The existing structure provides immediate income potential or a solid foundation for future development. Don't miss this chance to acquire a significant piece of Fayetteville real estate with substantial upside potential. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Lincoln County, TN
    State
    Tennessee
    Longitude
    -86.57425
    Latitude
    35.05291

    Comparable in this City

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    Similar Nearby for Sale

    • Contact for pricing
      18,847 SF

      Versatile Commercial Property on 3.5 Acres

      Updated mixed-use property with warehouse, retail, and office spaces.
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      View Details
    • $195,000
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      Fayetteville Mixed-Use Commercial Building

      Downtown Fayetteville, renovated, high potential.
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    • Contact for pricing
      4,374 SF

      Established Mixed-Use Property For Sale

      Three-unit commercial property in Lincoln County's Medical District.
      2300 Thornton Taylor Pkwy, Fayetteville, TN 37334
      View Details
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      4,374 SF

      Established Commercial Property in Medical District

      Three-unit office/retail property in high-traffic medical district.
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      Prime Fayetteville Office Building

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      Corner Lot on Huntsville Highway

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      2856 Huntsville Hwy, Fayetteville, TN 37334
      View Details

    Similar Nearby for Lease

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      8,050 SF

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      Fayetteville Commons Retail Space

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      7,200 SF

      Commercial Land in Fayetteville

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      Huntsville Hwy, Fayetteville, TN 37334
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    Fayetteville, TN 37334
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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