4950 Hwy 48th N Nunnelly, TN 37137-3753
This exceptional 1,312 square foot mixed-use property, located at 4950 Highway 48 N in Nunnelly, Tennessee, presents a rare opportunity for entrepreneurs and investors. Situated on a 0.75-acre lot, this well-maintained building boasts significant curb appeal and is ideally positioned just 45 minutes from Nashville and near the scenic Piney River. Its prime location offers easy access for both local residents and tourists seeking a unique countryside experience. The property's versatile design lends itself to a variety of commercial uses, including but not limited to restaurants, boutiques, event venues, or other creative ventures. The ample outdoor space provides significant potential for seating areas, outdoor events, or additional development. The building's rustic charm and historic character offer a captivating backdrop for any business. City water is available. This is a remarkable chance to establish a thriving business in a picturesque setting, capitalizing on the growing interest in rural retreats and unique commercial spaces. The property's blend of historical character and modern convenience makes it an exceptional investment opportunity with significant upside potential. Don't miss this chance to create something truly special in a desirable location. Priced at $228,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.