34428 Sr 30 Pikeville, TN 37367-7230
This exceptional mixed-use property in Pikeville, Tennessee presents a unique investment opportunity. Situated on a one-acre lot just fifteen minutes from Fall Creek Falls State Park and ten minutes from Pikeville's town center, this property boasts high visibility and potential for multiple income streams. The main 2,844 square foot building features a one-bedroom, one bonus room, and three bathroom areas, complete with washer/dryer hookups and a living area. Recent updates (2022) include upgraded electrical, plumbing, and LED lighting. A commercial-grade kitchen is already installed, along with a dedicated dining area. Three gas tanks and pumps are on-site and are available for inspection and reconnection, subject to applicable regulations. The property benefits from two separate utility hookups and two septic tanks, allowing for the expansion of living space or the creation of additional rental units. Ample storage and parking are also available. In addition to the main building, there are three other structures: a 27' x 14' building, a 15' x 30' building with a bay door, and an additional storage building. The proximity to Fall Creek Falls State Park, Tennessee's largest and most visited state park, ensures high traffic and excellent visibility for any business venture. This property offers a compelling blend of commercial and residential possibilities, making it an ideal investment for a discerning buyer.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.