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    OFF-MARKET
    Retail space

    723 Hwy 99, Waynesboro, TN 38485-3009

    2,000 SF 0.06 ac lot Built 1965
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US80-2229245
    Property summary
    AI-generated overview

    This exceptional 2,000 square foot mixed-use property, situated on a 0.05-acre lot at 723 Highway 99 in Waynesboro, Tennessee, presents a unique investment opportunity. Currently housing a successful retail business, the property boasts recently updated features including a fresh coat of paint on the ceiling and brand-new flooring throughout the sales area. The sale includes all existing retail equipment, a custom sales counter, and inventory at closing. Two convenient dressing rooms and a bathroom are located in the rear of the building. A dedicated space for processing Amazon returns is also included in a separate addition. A comprehensive Unify security system with cameras is included in the sale and will be transferred to the new owner at closing. The existing Clover register system is leaseable and can be transferred with the approval of Clover. The seller is open to discussing the possibility of purchasing the building separately from the existing business. This versatile property offers immense potential for a variety of uses, making it an ideal investment for both established entrepreneurs and aspiring business owners seeking a turnkey operation or a blank canvas for their own vision. The property's prime Highway 99 location ensures high visibility and accessibility, further enhancing its appeal. Don't miss this chance to own a thriving business or create your own success story in this vibrant Tennessee town.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1965
    Total area 2,000 SF
    Lot 0.06 ac (2,400 SF)
    APN 091066M A 02300
    UPID US80-2229245
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Rose Capital Group LLC · 2 yrs held
    Rose Capital Group LLC
    since 2024
    Last sale
    $60,000
    7 recorded transactions
    2024
    $60,000
    2022
    $40,000
    2020
    2014
    $23,500
    2006
    $15,000
    2004
    $10,000
    1992
    $13,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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