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Property profile & analytics
OFF-MARKET
Retail space

34428 Sr 30 Pikeville, TN 37367-7230

2,844 SF 1 ac lot Built 1953
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US80-1229214
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1953
Total area 2,844 SF
Lot 1 ac (43,560 SF)
APN 004046 04300
UPID US80-1229214
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
Donna Kovac · 4 yrs held
Donna Kovac
since 2022
Last sale
$175,000
4 recorded transactions
2022
$175,000
1993
$8,500
1988
$45,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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