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Property profile & analytics
OFF-MARKET
Commercial real estate

315 Riv Rd Decatur, TN 37322

2,670 SF 1.16 ac lot Built 2013
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US80-2347707
Property summary
AI-generated overview

This exceptional investment opportunity presents a profitable mixed-use property in Decatur, Tennessee, listed at $619,900. The property consists of a well-established laundry mat, the only one within Decatur city limits, ensuring consistent customer traffic and reliable income. This key location guarantees a steady stream of patrons seeking convenient and dependable laundry services. Adding to its appeal, the property includes a separate rental space upstairs, providing an additional revenue stream and enhancing the overall return on investment. Financial documentation verified by a certified public accountant is available for serious buyers, showcasing the business's strong financial standing and growth potential. This turnkey operation offers immediate returns and long-term profitability, making it an attractive prospect for investors seeking a stable and lucrative venture in a high-demand market. The property is located at 315 River Rd, Decatur, TN 37322. This is a rare opportunity to acquire a successful, established business with significant upside potential. The property's prime location and the inclusion of the upstairs rental unit contribute to its exceptional value and strong investment prospects. Don't miss this chance to secure a thriving business in a desirable market.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2013
Total area 2,670 SF
Lot 1.16 ac (50,530 SF)
Zoning code R2
APN 061042F A 00603
UPID US80-2347707
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Wash Barn Super Laundry (Bike/Boat/Book/etc) Store
  • U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Brian Templeton · 4 yrs held
Brian Templeton
since 2022
Last sale
$365,000
1 recorded transaction
2022
$365,000
Zoning & alternative use
R2 · Decatur, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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