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Property profile & analytics
OFF-MARKET
Retail space

7995 Pinewood Rd Nunnelly, TN 37137-2566

2,496 SF 1.28 ac lot Built 2011
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US80-2037558
Property summary
AI-generated overview

This exceptional 2,310 square foot mixed-use property, situated on a 1.28-acre lot at 7995 Pinewood Rd, Nunnelly, TN, presents a unique investment opportunity. The building boasts a fully equipped commercial kitchen, complete with a vent hood and fire suppression system, along with a commercial-grade cooler – perfect for a variety of food service businesses such as restaurants, pubs, or bakeries. Beyond food service, the versatile space is suitable for numerous other commercial ventures, including retail establishments like antique stores. Two bathrooms cater to both staff and customers. The expansive outdoor area offers significant potential for outdoor seating, events, or additional business uses. The property is ideally located within the Pinewood community, providing excellent visibility and accessibility. Furthermore, there's potential for rezoning to residential use, expanding the investment possibilities even further. Currently listed below appraisal, this property offers a compelling return on investment. The property's size, features, and location combine to create a truly exceptional opportunity for a discerning buyer. Don't miss this chance to acquire a well-maintained, versatile commercial property with significant upside potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2011
Total area 2,496 SF
Lot 1.28 ac (55,757 SF)
APN 041037 00751
UPID US80-2037558
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mccormick Properties LLC · 10 yrs held
Mccormick Properties LLC
since 2016
3 recorded transactions
2016
$72,600
2015
Price N/A
2011
$8,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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