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    7386 Mount Carmel Rd Decaturville, TN 38329

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    7386 Mount Carmel Rd Decaturville, TN 38329

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    • Grocery and convenience stores
    • 6,500 SF
    • 1.38 lot acres
    For Sale
    $750,000
    View Listing →
    Decaturville Retail & Residential Complex For Sale
    $750,000
    6,500 SF

    Decaturville Retail & Residential Complex

    Profitable TN Riverfront Business Opportunity

    7386 Mount Carmel Rd, Decaturville, TN 38329
    View Listing
    Property ID
    US80-0023828
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • J.r.s market and family restaurant / Restaurant

    Property Details for 7386 Mount Carmel Rd

    Year built
    2002
    Lot size
    1.38 lot acres
    Property size
    6,500 SF
    Property type
    Grocery and convenience stores
    Property subtype
    Bars & Pubs

    Description

    This exceptional turnkey business opportunity in Decaturville, Tennessee, presents a unique blend of retail, dining, and entertainment ventures. The property encompasses a thriving market, a family-style restaurant offering a diverse menu (including smash burgers and Chicago-style pizza), and a lively bar featuring karaoke nights. A recently added 400-square-foot billiards room provides additional revenue potential for events and tournaments. Situated on a 1.38-acre lot with ample parking, the property also includes two 1,000-square-foot, two-bedroom, one-bathroom apartments with mini-kitchens, ideally suited for short-term rentals given their proximity to the Tennessee River and Whites Creek. The main building, constructed in 2002 and extensively renovated in 2023, boasts a total of 6,500 square feet across two stories. The property is currently operating at 100% occupancy under a net lease, offering immediate cash flow. The asking price is $750,000, representing a price per square foot of $115.38. This multi-faceted business is perfectly positioned to capitalize on both local and tourist traffic, offering a compelling investment opportunity with significant upside potential. The property is located at 7386 Mt Carmel Rd, Decaturville, TN 38329.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Decaturville
    County
    Decatur
    State
    Tennessee
    Longitude
    -87.9907032
    Latitude
    35.5125794

    Comparable in this City

    • $750,000
      6,500 SF

      Decaturville Retail & Residential Complex

      Profitable TN Riverfront Business Opportunity
      7386 Mount Carmel Rd, Decaturville, TN 38329
      View Details
    • $249,500
      4,792 SF

      Main Street Decaturville Retail Space

      Prime Decaturville retail property, high visibility, multiple buildings.
      348 Main St, Decaturville, TN 38329
      View Details
    • $41,280

      Decaturville TN Land Investment Opportunity

      149,846 sq ft, Two Parcels Available
      000 Old Stage Rd, Decaturville, TN 38329
      View Details
    • $175,000
      0.45 Acres

      Tennessee Riverfront Land For Sale

      Waterfront lot in gated community near boat ramp and golf.
      1274 Miracle Rd, Decaturville, TN 38329
      View Details
    • New
      $199,900
      0.79 Acres

      Riverfront Land with Covered Building

      0.79-acre riverfront property with covered metal building and dock.
      529 Riverview Dr, Decaturville, TN 38329
      View Details
    • $59,500
      0.70 Acres

      Creek-Front Building Lot in Decaturville

      Creek-front lot with water and electricity access near TN River.
      1 Mount Carmel Rd, Decaturville, TN 38329
      View Details

    Similar Nearby for Sale

    • $750,000
      6,500 SF

      Decaturville Retail & Residential Complex

      Profitable TN Riverfront Business Opportunity
      7386 Mount Carmel Rd, Decaturville, TN 38329
      View Details
    • $249,500
      4,792 SF

      Main Street Decaturville Retail Space

      Prime Decaturville retail property, high visibility, multiple buildings.
      348 Main St, Decaturville, TN 38329
      View Details
    • $59,500
      0.70 Acres

      Creek-Front Building Lot in Decaturville

      Creek-front lot with water and electricity access near TN River.
      1 Mount Carmel Rd, Decaturville, TN 38329
      View Details
    • $72,900
      6.88 Acres

      Decaturville Land For Sale

      6.88 acres of pasture land with road frontage.
      Old Stage Rd, Decaturville, TN 38329
      View Details
    • $41,280

      Decaturville TN Land Investment Opportunity

      149,846 sq ft, Two Parcels Available
      000 Old Stage Rd, Decaturville, TN 38329
      View Details
    • $175,000
      0.45 Acres

      Tennessee Riverfront Land For Sale

      Waterfront lot in gated community near boat ramp and golf.
      1274 Miracle Rd, Decaturville, TN 38329
      View Details
    View Listing
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    Decaturville, TN 38329
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    7386 Mount Carmel Rd, Decaturville, TN, 38329

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