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Property profile & analytics
OFF-MARKET
Retail space

480 Lost Crk Rd Lynchburg, TN 37352-8439

1,600 SF 0.16 ac lot Built 1972
Individually Owned 6-yr Hold ~ Est. High Equity
Property ID
US80-0590370
Property summary
AI-generated overview

This versatile 2,460 square foot mixed-use building presents a unique investment opportunity in Lynchburg, Tennessee. Located just one mile from a boat dock on Tims Ford Lake, this property boasts a prime location with high potential for various commercial ventures. The building sits on a 0.16-acre lot and has a rich history, previously operating as a bait shop, gas station, and deli. Recent renovations have modernized the space, making it ready for immediate occupancy. The building's flexible layout allows for a wide range of uses, catering to entrepreneurs seeking a thriving lakeside business. The motivated seller is eager to find the right buyer, making this an exceptional opportunity to acquire a well-situated commercial property at an attractive price point of $99,000. The property's proximity to the lake offers significant advantages, attracting both local residents and tourists. Its past success as a multi-faceted business demonstrates the inherent potential for continued profitability. This is an ideal investment for those seeking a turnkey operation or a blank canvas for a new commercial venture. Serious inquiries are encouraged. All offers will be considered.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1972
Total area 1,600 SF
Lot 0.16 ac (6,970 SF)
APN 036 02402
UPID US80-0590370
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Tim Marshall · 6 yrs held
Tim Marshall
since 2020
Last sale
$65,000
3 recorded transactions
2020
$65,000
2015
$40,000
2009
$62,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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