7995 Pinewood RdNunnelly, TN 37137

Property Details for 7995 Pinewood Rd

Year built

2011

Lot size

1.28 AC

Property size (Sq ft)

2,496 SF

Property type

Retail properties

Property subtype

Retail space

APN

041037 00751

APU

4103700751

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $633,848

  6.5%

  $585,090

  7%

  $543,298

• Comparable approach

  Method

  Valuation

  Relative Method

  $541,436

  Geo Method

  $541,436

• Alternative Use

  Use

  Valuation

  Residential

  $493,546

  Hospitality

  $452,085

  Educational

  $376,130

  Medical

  $389,065

  Retail

  $585,090

Location Insight

City

Nunnelly

County

Hickman

State

Tennessee

Latitude

35.9116

Longitude

-87.3878

CBSA code

34980

CBSA name

NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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