9122 Lewisburg HwyCornersville, TN 37047

Property Details for 9122 Lewisburg Hwy

Year built

1997

Property size (Sq ft)

740 SF

Property type

Retail properties

Property subtype

Retail space

APN

028046 01801 001

APU

2804601801001

Description

This exceptional mixed-use property presents a unique investment opportunity in Cornersville, Tennessee. Located on one acre of land directly off I-65 exit 22, this 3,000 square foot facility houses Libby's Towing and Truck Repair, a well-established business operating for over five decades. The sale includes the established business, its fully equipped fleet of trucks, and all necessary assets for immediate operation. The property features a fenced and gated lot, providing ample secure space for vehicles and equipment. The existing office structures are included in the sale, ensuring a seamless transition for the new owner. This turnkey operation offers a predictable revenue stream and significant potential for expansion, leveraging its strategic location on a major interstate. The business enjoys a strong reputation within the community, providing a solid foundation for continued success. This is a rare chance to acquire a profitable, established business with significant growth potential in a high-traffic location. The asking price is $3,200,000. This represents a compelling investment in a well-positioned, established business with a proven track record.

• CAP approach

  CAP return

  Valuation

  6%

  $230,074

  6.5%

  $212,376

  7%

  $197,207

• Comparable approach

  Method

  Valuation

  Relative Method

  $303,757

  Geo Method

  $363,748

• Alternative Use

  Use

  Valuation

  Residential

  $179,147

  Hospitality

  $164,098

  Educational

  $136,528

  Medical

  $141,223

  Retail

  $212,376

Location Insight

City

Cornersville

County

Giles

State

Tennessee

Latitude

35.3025

Longitude

-86.8861

Property Tax & Assessments

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