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Property profile & analytics
OFF-MARKET Estimated value $1,770,000
Retail properties & Spaces

4629 Hwy 411 Madisonville, TN 37354-1545

29,240 SF 11.6 ac lot Built 1982
Entity Owned 16-yr Hold Free & Clear
Property ID
US80-3500281
Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1982
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 29,240 SF
Lot 11.6 ac (505,296 SF)
Zoning code C-3
APN 062067 20200
UPID US80-3500281
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
  • Pizza Hut Take-out & Catering
  • Subway Take-out & Catering
  • Ingles Markets Grocery & Convenience Store Food Market
  • China Fun Buffet Restaurant
  • Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.74M
Blend (final) Blend
$1.77M
Owner & transaction history
Ingles Markets INC · 16 yrs held
Ingles Markets INC
since 2009
5 recorded transactions
2009
Price N/A
2008
$2.7M
2007
$574,509
2004
$2.1M
1994
$3.7M
Zoning & alternative use
C-3 · Madisonville, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

carrying capacity of these major collectors and arterials. Within the C-3, Highway Business District, as shown on the Zoning Map of Madisonville, Tennessee, the following regulations and other applicable provisions of this zoning code shall apply: 1. Uses Permitted. a. Retail sales. b. Eating and drinking establishments. c. Hotels, motels, and other overnigh…

Zone name Highway Business District
General category COMMERCIAL
Zone area 729.56 ac
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