6364 Cumberland Gap Pkwy Harrogate, TN 37752-7848
This exceptional commercial opportunity in Harrogate, Tennessee presents a unique investment prospect. Located at the busy intersection of Cumberland Gap Parkway and Forge Ridge Road, this mixed-use property includes a convenience store, gas station, and additional buildings. The gas station, a family-owned business for over 50 years, closed on June 3, 2024, but boasts up-to-date pumps and tanks, ready for immediate reopening under a new brand or repurposing. The property also features a rental home and an additional building/car lot, adding to its versatility and income potential. This strategically positioned asset offers significant growth opportunities for a variety of business ventures. The property is held in trust and is priced at $1,500,000. The address is 6364 Cumberland Gap Pkwy, Harrogate, TN 37752, in Claiborne County. This is a rare chance to acquire a well-established commercial property with substantial upside in a thriving Tennessee market. The property's location ensures high visibility and convenient access for customers. The existing infrastructure and diverse components offer flexibility for various business plans, from continuing the gas station operation to exploring alternative uses for the buildings and land. This is a turnkey opportunity for an investor seeking a profitable and versatile commercial asset.
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Cross Roads BP Inc Gas Station
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Sunoco Gas Station Gas Station
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.