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Property profile & analytics
OFF-MARKET Estimated value $1,070,000
Retail space

534 Military St Loretto, TN 38469-2327

16,234 SF 1.41 ac lot Built 2000
Individually Owned 3-yr Hold Free & Clear
Property ID
US80-2095030
Property summary
AI-generated overview

This exceptional 14,514 square foot retail building is situated on a 1.41-acre lot at 534 N Military St in Loretto, Tennessee. Its prime location ensures high traffic and visibility, making it an ideal opportunity for a business seeking a strong foothold in a thriving community. The property boasts ample parking, a significant advantage for customers and employees alike. A convenient drive-through window adds to its operational efficiency, streamlining service and increasing potential revenue streams. Furthermore, the inclusion of a loading dock caters to businesses requiring efficient goods handling and storage. This versatile space presents a compelling investment opportunity in a rapidly expanding small town, offering significant potential for growth and return. The building's size and features make it suitable for a wide range of retail businesses, from restaurants and convenience stores to larger-scale operations. The substantial parking area and drive-through window are particularly attractive to businesses that anticipate high customer volume. The presence of a loading dock further enhances the property's functionality and appeal to businesses with inventory needs. This property offers a unique blend of convenience, visibility, and functionality, making it a highly desirable asset in the competitive retail market. The 1.41-acre lot provides ample space for expansion or future development, adding to its long-term investment potential. This is a rare opportunity to acquire a well-positioned retail property in a growing town.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2000
Construction FRAME
Total area 16,234 SF
Lot 1.41 ac (61,420 SF)
APN 050141 07721
UPID US80-2095030
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
  • Family Dollar Discount Store
  • Albert S. Johnson Jr, DPH Pharmacy
  • higi Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$1.07M
Owner & transaction history
Maribel V Lineberry · 3 yrs held
Maribel V Lineberry
since 2022
3 recorded transactions
2022
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.3M +10.8%
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