416 Horton Pkwy Chapel Hill, TN 37034
This exceptional mixed-use property, located at 416 N Horton Pkwy in Chapel Hill, Tennessee (zip code 37034), presents a lucrative investment opportunity. The 2,547 square foot building, constructed in 1988 and renovated two years ago, sits on a 0.54-acre lot and boasts a B-2 zoning designation, allowing for a diverse range of commercial uses. Currently operating at 100% occupancy (until November 7, 2024), this single-unit property offers significant potential for growth. The building features two stories and includes ten parking spaces, providing ample convenience for customers and employees. Its strategic location on Horton Pkwy ensures high visibility and accessibility. The property's versatility allows for various business ventures, from restaurants and bars to retail storefronts, subject to city approval. The property's proximity to the Ezell Farms subdivision, currently under construction, promises a readily available customer base. The asking price is $900,000. The city is currently revising the original acreage on the tax record
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.