Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    817 Interstate Dr Manchester, TN 37355-3105

    • Turn key restaurants
    • 10,444 SF
    • 1.50 lot acres
    OFF-MARKET
    Value Estimation
    $2,420,000
    Last Sale
    Apr 16, 2024
    $2,350,000
    Location Intelligence
    Property ID
    US80-3155290
    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.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 817 Interstate Dr

    Year built
    1977
    Lot size
    1.50 lot acres
    Property size
    10,444 SF
    Zone code
    C2
    Property type
    Turn key restaurants
    APN
    016067 10304
    APU
    1606710304

    Description

    Exceptional investment opportunity awaits with this fully remodeled restaurant and bar located at 817 Interstate Dr, Manchester, TN 37355. This 10,302 square foot, two-story establishment sits on a 1.5-acre lot and boasts a prime location on I-24, centrally positioned between Nashville and Chattanooga. Built in 1977 and extensively renovated in 2020, the property offers high visibility and significant traffic due to its proximity to I-24 exits 110 and 111. The interior features multiple bar areas and ample seating, catering to a diverse clientele. The property also includes multiple outdoor decks and seating areas, ideal for enjoying the Tennessee climate. Some kitchen equipment is included in the sale. The asking price is $1,000,000, translating to $97.07 per square foot. The property is zoned for commercial use and presents a rare opportunity for a thriving hospitality business. All offers will be considered. Don't miss this chance to own a well-established, high-traffic restaurant and bar in a rapidly growing area.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,350,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,345,000
      6.5%
      $2,670,000
      7%
      $2,475,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,740,000
      Geo Method
      $2,165,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,375,000
      Retail
      $3,070,000
      Mixed-Use
      $2,705,000
      Hospitality
      $2,920,000
      Educational
      $2,950,000
      Residential Income
      $2,835,000
      Energy
      $2,930,000
      Income-Based Land
      $2,655,000
      Food Service
      $2,490,000

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Coffee
    State
    Tennessee
    Longitude
    -86.0834
    Latitude
    35.4997
    CBSA code
    46100
    CBSA name
    TULLAHOMA, TN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,374
    $42,120
    $161,040
    $203,160
    -
    $105,300
    $402,600
    $507,900

    Comparable in this City

    • Value Estimation
      $400,000
      1,921 SF

      114 Campground Rd

      RESTAURANT • 1,921 SF
      114 Campground Rd, Manchester, TN 37355-6541
      View Details
    • Value Estimation
      $395,000
      3,152 SF

      1308 Hillsboro Blvd

      RESTAURANT • 3,152 SF
      1308 Hillsboro Blvd, Manchester, TN 37355-2106
      View Details
    • Value Estimation
      $215,000
      1,454 SF

      1001 Hillsboro Blvd

      RESTAURANT • 1,454 SF
      1001 Hillsboro Blvd, Manchester, TN 37355-2029
      View Details
    • Value Estimation by Request
      2,760 SF

      1306 Hillsboro Blvd

      RESTAURANT • 2,760 SF
      1306 Hillsboro Blvd, Manchester, TN 37355-2106
      View Details
    • Value Estimation
      $265,000
      3,792 SF

      1304 Hillsboro Blvd

      RESTAURANT • 3,792 SF
      1304 Hillsboro Blvd, Manchester, TN 37355
      View Details
    • Value Estimation
      $1,005,000
      7,199 SF

      2367 Hillsboro Blvd

      RESTAURANT • 7,199 SF
      2367 Hillsboro Blvd, Manchester, TN 37355-6536
      View Details

    Similar Nearby for Sale

    • $1,000,000
      10,302 SF

      Manchester Restaurant - I-24 Frontage

      Prime Restaurant, Event Space, High Visibility
      817 Interstate Dr, Manchester, TN 37355
      View Details
    • $900,000
      5,000 SF

      Manchester Hwy Retail Opportunity

      High-traffic retail space, 5,000 sq ft
      3371 Murfreesboro Hwy, Manchester, TN 37355
      View Details
    • $1,690,000
      0.95 Acres

      Manchester Commercial Land Investment

      High-visibility, 0.95-acre commercial lot.
      0 Hillsboro Blvd, Manchester, TN 37355
      View Details
    • $409,900
      2,135 SF

      Manchester Mixed-Use Commercial Property

      Renovated Ranch, C3 Zoning, High Potential
      920 Mcarthur St, Manchester, TN 37355
      View Details
    • $299,900
      2,400 SF

      Manchester Commercial Gem

      High-traffic location, mixed-use potential.
      2378 New Tullahoma Hwy, Manchester, TN 37355
      View Details
    • $895,000
      6,916 SF

      Manchester Mixed-Use Investment Opportunity

      Two buildings, almost 7,000 sqft, prime location.
      1235 Mcarthur St, Manchester, TN 37355
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    817 Interstate Dr
    Manchester, TN 37355-3105
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.