Property profile

6735 Wassom Memorial Hwy Grandview, TN 37337

OFF-MARKET
Retail space
Property ID
US80-2619438
1,777 SF 0.48 ac lot Built 2008
Individually Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This commercial property is located in Grandview, Tennessee, along a busy state highway between Spring City and Crossville. The building was fully remodeled in 2021 and contains approximately 1,499 square feet configured for food service and entertainment uses, including a professional stainless-steel commercial kitchen with equipment such as ovens, prep stations, stand-up coolers, and storage. Outdoor and entertainment features include a built-in amphitheater with stage lighting and electrical infrastructure sized to accommodate live music (including an eight-piece band), along with an outdoor beer tap station and ice storage. Additional site attributes include a drive-through window for food service. Two accessory structures are included: a portable building measuring 12x40 and a separate storage shed measuring 8x20, which provide flexible space that may be used for office, retail, prep, storage, or expansion. The property sits on a 0.48-acre lot and is positioned for a range of concepts involving a bar or beer garden, restaurant or deli, drive-through food service, a music or event venue, and related hybrid operations.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2008
Total area 1,777 SF
Lot 0.48 ac (20,909 SF)
APN 011 01500
UPID US80-2619438

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Rental Facility
  • Take-out & Catering Cafe & Coffee Shop
  • Restaurant

Location

6735 Wassom Memorial Hwy Grandview, TN 37337-5852
Grandview metro Census 975000 DAYTON, TN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$85k

Owner & transaction history

since 2020
Last sale
$90,000
3 recorded transactions
2020
$90,000
1995
$10,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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