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Property profile & analytics
OFF-MARKET Estimated value $955,000
Warehouses

450 Ml St Dowelltown, TN 37059-2043

24,293 SF 5 ac lot Built 1974
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US80-2188271
Property summary
AI-generated overview

This exceptional 24,000-square-foot executive office space is available for lease in Dowelltown, Tennessee. Located at 450 South Mill Street, this single-tenant property offers a significant opportunity for a business seeking ample space in DeKalb County. The entire building is currently vacant, presenting a blank canvas for a new tenant to customize the layout and design to perfectly suit their operational needs. The property features convenient manways and dock-high doors, enhancing logistical efficiency for businesses requiring loading and unloading capabilities. A key advantage is the availability of an auto dismantler license, which is negotiable as part of the lease agreement. This license could be a significant asset for businesses in related industries. The property is situated in Dowelltown, TN, zip code 37059, offering a strategic location within DeKalb County. The asking lease rate is a competitive $3.00 per square foot. This presents a rare opportunity to secure a substantial, fully vacant office building in a desirable location. The property's size and features make it ideal for a variety of businesses seeking a prominent presence in the area. Interested parties are encouraged to inquire for further details and to schedule a viewing.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1974
Total area 24,293 SF
Lot 5 ac (217,800 SF)
APN 021044 01603
UPID US80-2188271
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
Current use
Occupant on record · Public records
  • Go-auto Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$660k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.25M
Blend (final) Blend
$955k
Owner & transaction history
Go Auto Parts LLC · 7 yrs held
Go Auto Parts LLC
since 2019
3 recorded transactions
2023
Price N/A
2019
$374,000
2005
$155,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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