689 Bockman Way Sparta, TN 38583
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.