2461 Six Mile Board RdBelvidere, TN 37306

  • Retail properties
  • 4,596 SF
For Sale
$1,500,000 View listing

Property Details for 2461 Six Mile Board Rd

Year built
1987
Lot size
1.04 AC
Property size (Sq ft)
4,596 SF
Property type
Retail properties
Property subtype
Retail space
APN
026083 01312
APU
2608301312

Description

This exceptional retail opportunity presents a thriving gas station and market situated on a 1.04-acre lot at 2461 Six Mile Board Rd, Belvidere, TN. The property boasts a substantial 4,100 square feet of space, perfectly positioned in a high-traffic area, ensuring consistent customer flow and strong revenue generation. The established business model offers immediate income potential for the new owner, making this a turnkey investment ready for continued success. The property's prime location and existing infrastructure provide a solid foundation for growth and expansion. The asking price is $1,500,000. This is a rare chance to acquire a profitable, established business in a desirable location. Professional photographs will be available soon. The property is zoned for retail use and offers ample parking for customers. This is an excellent opportunity for an investor seeking a stable, high-return investment in a thriving community. The current business operations are well-established and have a proven track record of profitability. This turnkey operation requires minimal setup and allows for immediate revenue generation. Don't miss this chance to own a successful business in a prime location. Contact us today to schedule a showing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,428,949
    6.5%
    $1,319,030
    7%
    $1,224,813
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,886,579
    Geo Method
    $2,259,169
  • Alternative Use

    Use
    Valuation
    Residential
    $1,112,651
    Hospitality
    $1,019,182
    Educational
    $847,948
    Medical
    $877,110
    Retail
    $1,319,030
2461 Six Mile Board Rd, Belvidere, Tennessee

Location Insight

City
Belvidere
County
Franklin
State
Tennessee
Latitude
35.1544
Longitude
-86.2392
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
2022
$1,640
$6,440
$81,000
$87,440
-
$16,100
$202,500
$218,600

FAQs

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