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    3 1St St Stanton, TN 38069
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    3 1St St Stanton, TN 38069

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    • Grocery and convenience stores
    For Sale
    $499,000
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    Established C-Store Near Blue Oval For Sale
    $499,000

    Established C-Store Near Blue Oval

    Thriving convenience store in Stanton, TN, near Ford's Blue Oval.

    3 1ST St, Stanton, TN 38069
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    Property ID
    US80-1741956
    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

    • The Green Store / Grocery & Convenience Store / Food Market

    Property Details for 3 1St St

    Year built
    1943
    Property type
    Grocery and convenience stores
    Property subtype
    Commercial real estate

    Description

    Located just a few miles from Fordâ??s Blue Oval City, this well-established C-store has become a cornerstone of the local community & a thriving business over the past several years. With the town of Stanton poised for continuous growth & located at the corner of Highway 70 & Covington Street, the ... C-store is in an ideal location to capitalize on this expanding market. This business has seen tremendous success in recent years, thanks to its strategic location & the growing demand for convenient services in the area. As Stanton continues to grow, fueled by Blue Oval City, the store is well-positioned to meet the increased demand for quick & accessible retail services. For someone looking to establish themselves in a vibrant, expanding community, this is a fantastic opportunity. With its strong local customer base, ideal location, & continued growth potential as the region develops, this C-store offers an excellent platform for a new owner to build on an already successful business model.

    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
    Stanton
    County
    Haywood
    State
    Tennessee
    Longitude
    -89.40202
    Latitude
    35.466496

    Comparable in this City

    • $4,400,000

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      Prime Land Near Blue Oval

      199.8-acre tract in strategic growth corridor near Blue Oval City.
      475 Camp Ground Rd, Stanton, TN 38069
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      364 Acres Development Opportunity

      364-acre commercial development land near automotive complex in Stanton, TN.
      Tn-222, Stanton, TN 38069
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      16.10 Acres

      Agricultural Land Near I-40

      16.1 acres of gentle rolling land near I-40.
      01 Scholes Ln, Stanton, TN 38069
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      Land Near Blue Oval City

      Commercial land tract adjacent to Ford's Blue Oval City.
      Camp Ground Rd, Stanton, TN 38069
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    • $875,000

      Commercial Land Near Ford Plant

      1.24 acre commercial land near Ford Blue Oval City.
      222, Stanton, TN 38069
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    Similar Nearby for Sale

    • $4,400,000

      42+ Acres Near Ford Factory

      Ideal commercial land near future Ford electric truck factory.
      I-40 Stanton Dancyville Rd, Stanton, TN 38069
      View Details
    • Contact for pricing

      Prime Land Near Blue Oval

      199.8-acre tract in strategic growth corridor near Blue Oval City.
      475 Camp Ground Rd, Stanton, TN 38069
      View Details
    • Contact for pricing

      364 Acres Development Opportunity

      364-acre commercial development land near automotive complex in Stanton, TN.
      Tn-222, Stanton, TN 38069
      View Details
    • $167,000
      16.10 Acres

      Agricultural Land Near I-40

      16.1 acres of gentle rolling land near I-40.
      01 Scholes Ln, Stanton, TN 38069
      View Details
    • Contact for pricing

      Land Near Blue Oval City

      Commercial land tract adjacent to Ford's Blue Oval City.
      Camp Ground Rd, Stanton, TN 38069
      View Details
    • $875,000

      Commercial Land Near Ford Plant

      1.24 acre commercial land near Ford Blue Oval City.
      222, Stanton, TN 38069
      View Details
    View Listing
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    3 1St St
    Stanton, TN 38069
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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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