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Property profile & analytics
OFF-MARKET
Specialty properties

424 Piccadilly Ave Spring City, TN 37381

12,950 SF
Property ID
US80-0749970
Property summary
AI-generated overview

Exceptional investment opportunity in Spring City, Tennessee! This 37,461 sq ft lot features a substantial 12,950 sq ft building complex, formerly a church. The main building boasts approximately 6,000 sq ft spread across two levels, including multiple classrooms, offices, restrooms, and a small kitchen. A separate 5,850 sq ft gymnasium/fellowship hall offers a fully functional kitchen, additional classrooms, storage, and restrooms with showers. Adding to the versatility, a 1,100 sq ft, two-bedroom, one-bathroom home is included, ideal for residential use or rental income. This property presents significant potential for various commercial ventures. The R1 zoning allows for multiple uses. The property is located at 424 & 440 W Piccadilly Avenue, Spring City, TN 37381. The asking price is $335,000. This is a rare opportunity to acquire a substantial property with diverse possibilities in a growing community. Serious inquiries only.

Property profile
Verified
Property type Specialty properties
Total area 12,950 SF
UPID US80-0749970
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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