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Property profile & analytics
OFF-MARKET
Retail space
7014 Cumberland Gap Pkwy Harrogate, TN 37752-8232
Individually Owned
3-yr Hold
Free & Clear
Property ID
US80-1501802
Property summary
AI-generated overview
This exceptional mixed-use storefront property at 7014 Cumberland Gap Pkwy, Harrogate, TN 37752, is priced at $949,999. Ideally situated across from Lincoln Memorial University (LMU) on a busy highway, this property presents a rare investment opportunity. The building offers versatile space, previously utilized as a fireworks store, florist, and restaurant on the upper level. The lower level is currently configured as an apartment, providing additional income potential or flexible living space. This location offers high visibility and accessibility, making it suitable for a variety of commercial ventures. The property's history demonstrates its adaptability and potential for future success. With its prime location and diverse layout, this property is ready for a new owner to bring their vision to life and capitalize on its significant potential. The property is located in Claiborne County, Tennessee, and boasts a convenient address on Cumberland Gap Pkwy. This is a unique chance to own commercial real estate in the thriving community of Harrogate.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1985
Total area
3,057 SF
Lot
0.18 ac (7,841 SF)
APN
015H A 00200
UPID
US80-1501802
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
-
Floyds Flower Shop (Bike/Boat/Book/etc) Store Florist
-
Harrogate Florist (Bike/Boat/Book/etc) Store Florist
-
Tom's Fireworks Discount Store Party Supply Store
-
Deaton Construction Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Melinda Sue Deaton · 3 yrs held
Melinda Sue Deaton
since 2023
Last sale
$240,000
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Harrogate submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harrogate submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,801
Tax year 2023
Assessed value
$78,320
Assessed 2023
Previous assessed
$78,320
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$36,280
Assessed improvement
$42,040
Land market value
$90,700
Improvement market value
$105,100
Total market value
$195,800
Applied tax rate
13.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1985
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
2
Total area
3,057 SF
Lot
0.18 ac (7,841 SF)
APN
015H A 00200
UPID
US80-1501802
Jurisdiction
CLAIBORNE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1985
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.18 ac
Current owner
From public records · entity-resolved
Melinda Sue Deaton
Individual
Free & Clear · 3 yrs held
Mailing address
356 DEEPWOOD TRL, CLARKSVILLE, TN 37042-7904
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2023
$240,000
Melinda Sue Deaton
Phyliss Pence
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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