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Property profile & analytics
OFF-MARKET
Retail space

416 Horton Pkwy Chapel Hill, TN 37034

2,547 SF 0.54 ac lot Built 1988
Property ID
US80-2008545
Property summary
AI-generated overview

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

Property profile
Verified
Property type Retail space
Year built 1988
Total area 2,547 SF
Lot 0.54 ac (23,522 SF)
UPID US80-2008545
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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