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Property profile & analytics
OFF-MARKET
Commercial real estate

321 Magnolia Ave McKenzie, TN 38201

7,040 SF Built 1920
Property ID
US80-1208978
Property summary
AI-generated overview

This exceptional mixed-use property, located at 321 Magnolia Avenue in McKenzie, Tennessee, presents a unique investment opportunity. Built in 1920, this two-story building boasts a substantial 7,040 square feet of space, previously utilized as a funeral home. The property's adaptable layout offers immense potential for a variety of commercial ventures, allowing for creative customization to suit individual business needs. Its prime location in McKenzie, within Carroll County, provides excellent visibility and accessibility. The property's rich history adds to its character and appeal, offering a blend of vintage charm and modern adaptability. The address is 321 Magnolia Avenue, McKenzie, TN 38201. While the lot size is not specified, the building's substantial square footage and central location make it an attractive proposition for entrepreneurs and investors seeking a foothold in a thriving Tennessee community. This is a chance to acquire a piece of McKenzie's history and shape its future. The asking price for this remarkable property is $250,000. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Year built 1920
Total area 7,040 SF
UPID US80-1208978
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
  • New Beginnings Assembly of God Corporate Office
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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