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Property profile & analytics
OFF-MARKET
Retail space

31993 Hwy 70th W Bruceton, TN 38317-7846

1,024 SF 7.71 ac lot Built 1994
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US80-0749068
Property summary
AI-generated overview

This exceptional retail property, located at 31993 Highway 70 W in Bruceton, Tennessee, presents a unique investment opportunity. The 1,024 square foot building boasts a fully permitted restaurant space with seating for 16 patrons and a convenient drive-thru window. Situated on a spacious 7.71-acre lot, the property offers ample parking and potential for expansion or the addition of another business. Completely remodeled in 2022, the building features a fresh coat of paint, new tinted windows, updated plumbing and electrical systems, including new lighting and ceiling fans. The flooring has been replaced, and a new HVAC system ensures year-round comfort. The bathroom has been completely updated, and new sheetrock and interior doors enhance the aesthetic appeal. High-speed internet access is provided via TDS. A new water chlorination system is in place, and the septic system has been recently inspected. The sale includes all new equipment, a comprehensive list of which includes coolers, chairs, grill, sinks, freezer, point-of-sale (POS) system, and tables. The property is fenced along Highway 70, providing excellent visibility and security. This turnkey operation is priced at $145,000 and represents a compelling opportunity for a savvy investor or entrepreneur seeking a well-equipped and updated commercial space in a desirable location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1994
Total area 1,024 SF
Lot 7.71 ac (335,848 SF)
APN 009067 00400
UPID US80-0749068
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
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
Frank Paul Mcginnis JR · 4 yrs held
Frank Paul Mcginnis JR
since 2022
Last sale
$51,000
3 recorded transactions
2022
Price N/A
2022
$51,000
2014
$36,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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