3029 Highland St Milan, TN 38358
For Sale
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This exceptional 5,000-square-foot industrial shop, constructed just two years ago, presents a remarkable opportunity for commercial expansion. Located at 3029 & 3025 Highland Street in Milan, Tennessee, this meticulously maintained facility boasts a welcoming reception area and a comfortable waiting room, ensuring a positive client experience. Two conveniently located bathrooms cater to both employees and visitors. The building's functionality is further enhanced by eight 12x12-foot bay doors, perfect for accommodating large vehicles and equipment. High 14-foot ceilings provide ample vertical space for various projects and operations. Built on a robust 12-inch concrete slab reinforced with three layers of rebar, this structure is designed for durability and longevity. A substantial 200-amp electrical service ensures sufficient power for demanding operations. The shop is fully insulated, excluding the roof, contributing to energy efficiency. Ample parking is provided with over 50 spaces available. Security is a key feature, with a comprehensive 12-camera security system included in the sale. This property is ideally suited for automotive businesses or other commercial ventures requiring a spacious, well-equipped, and secure workspace. The combination of modern amenities, robust construction, and convenient features makes this an exceptional investment opportunity. The asking price is $650,000.
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Vestal Automotive Shop Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.