Property profile

795 Center Point Rd North Reagan, TN 38368

FOR SALE
Warehouses
Property ID
US80-2944613
9,000 SF Built 1999
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 795 Center Point Rd in Reagan, TN, presents a unique investment opportunity. Situated on a sizable 6.6-acre lot, this property boasts approximately 2075 feet of paved road frontage along a busy two-lane highway, ensuring excellent visibility and accessibility. The main building offers a substantial 8,400 square feet of space, thoughtfully divided to accommodate diverse business needs. Approximately 2,400 square feet are finished as a showroom, complete with 9-foot ceilings, a full kitchen, two bathrooms, and central heating and air conditioning. This area could also serve as living quarters or office space. The remaining 6,000 square feet provide ample room for various uses, featuring 14-foot ceilings, two garage doors, and two 5-ton HVAC units for climate control. Previously used as an auction house and currently operating as a flooring store, this versatile building is well-suited for a wide range of commercial enterprises, including but not limited to, retail, warehousing, or even a church facility. Its strategic location and substantial size make it an ideal choice for entrepreneurs seeking a prominent presence in a thriving area. The property is priced at $425,000.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1999
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,000 SF
APN 039143 02626 001
UPID US80-2944613

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Carpet & Flooring Store

Location

795 Center Point Rd North Reagan, TN 38368
Reagan metro Census 975500
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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