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Property profile

689 Bockman Way Sparta, TN 38583

OFF-MARKET
Mixed-use properties
Property ID
US80-0987224
5,600 SF 0.44 ac lot Built 1959
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Property summary

AI-generated overview

This exceptional mixed-use commercial property, located at 689 Bockman Way SE in Sparta, Tennessee, presents a unique investment opportunity. Boasting 5,600 square feet on a 0.44-acre lot, this brick building offers high visibility and accessibility due to its prime corner location with direct frontage on Highway 70 and adjacency to Highway 111. The high-traffic area ensures excellent exposure for any business. Multiple entrances provide convenient access, while a private, off-road parking lot offers ample space for customers and employees. The interior layout is flexible and adaptable to a variety of uses, making it ideal for a range of commercial ventures. A significant feature is the inclusion of a full-size, commercial gas kitchen, perfect for restaurants, catering businesses, or any operation requiring professional food preparation capabilities. The building's existing structure provides a solid foundation for immediate occupancy or allows for customization to suit specific business needs. This property is priced at $1,200,000. All information should be independently verified by prospective buyers.

Property profile

Verified
Property type Mixed-use properties
Year built 1959
Total area 5,600 SF
Lot 0.44 ac (19,166 SF)
UPID US80-0987224

Cap rate & NOI

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

Location

689 Bockman Way Sparta, TN 38583
Sparta metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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