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Property profile & analytics
OFF-MARKET
Retail space

524 Madison St Shelbyville, TN 37160-3341

7,780 SF 0.53 ac lot Built 1974
Individually Owned 1-yr Hold Free & Clear
Property ID
US80-1891942
Property summary
AI-generated overview

This exceptional 3,500-square-foot commercial property, located at 524 Madison Street in Shelbyville, Tennessee, presents a remarkable opportunity for a discerning business owner. Previously occupied by a Family Dollar, this single-tenant building has undergone a complete renovation. The property boasts all-new plumbing, electrical systems, and HVAC, ensuring modern and efficient operation. A significant upgrade includes a large, resurfaced parking lot, providing ample space for customers and employees. Inside, the space is versatile, suitable for retail, restaurant, or office use. The layout includes a spacious main area, along with dedicated office and storage space in the rear. Accessibility is ensured with ADA-compliant men's and women's restrooms. The property sits on a 0.53-acre lot in Bedford County, offering excellent visibility and accessibility on a busy thoroughfare. This turnkey solution eliminates the need for extensive renovations, allowing a new business to focus on growth and success. The location is unparalleled in Shelbyville, offering an ideal environment for any business seeking a high-traffic, well-maintained space. This is a truly exceptional opportunity to establish a thriving business in a prime Shelbyville location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1974
Total area 7,780 SF
Lot 0.53 ac (23,270 SF)
APN 002089B E 00300
UPID US80-1891942
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
  • The Corner Pocket Gym & Fitness Center
  • King of vapor Shelbyville (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • CM SR22 Insurance Group Financial Advisor Insurance Agency
  • Family Dollar Discount Store
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
2024 Robert A Allison Irrevocable T · 1 yrs held
2024 Robert A Allison Irrevocable T
since 2025
Last sale
$315,000
2 recorded transactions
2025
Price N/A
2021
$315,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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