503 Cumberland StCowan, TN 37318

  • Retail properties
  • 1,760 SF
For Sale
$130,000 View listing

Property Details for 503 Cumberland St

Year built
1997
Lot size
0.85 AC
Property size (Sq ft)
1,760 SF
Property type
Retail properties
Property subtype
Retail space
APN
026077O A 00100
APU
026077OA00100

Description

This exceptional mixed-use property, located at 503 Cumberland St W in Cowan, Tennessee, presents a compelling investment opportunity. Boasting 1,472 square feet of versatile space on a 0.2-acre lot, this property is ideally situated in a high-traffic area, ensuring maximum visibility and accessibility for your business. Its prime location is surrounded by a thriving commercial environment, offering significant potential for growth and success. The building's adaptable layout makes it suitable for a wide range of uses, including retail, office space, or professional services. The property is move-in ready, eliminating the need for extensive renovations or upgrades, allowing you to focus on establishing and expanding your operations. This is a rare opportunity to acquire a well-positioned commercial property in a dynamic and growing area. The asking price of $130,000 represents exceptional value for a property with such high visibility and potential. Don't miss this chance to secure a thriving business location in Cowan, Tennessee. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $547,204
    6.5%
    $505,111
    7%
    $469,032
  • Comparable approach

    Method
    Valuation
    Relative Method
    $722,450
    Geo Method
    $865,130
  • Alternative Use

    Use
    Valuation
    Residential
    $426,080
    Hospitality
    $390,287
    Educational
    $324,714
    Medical
    $335,882
    Retail
    $505,111
503 Cumberland St, Cowan, Tennessee

Location Insight

City
Cowan
County
Franklin
State
Tennessee
Latitude
35.1625
Longitude
-86.0244
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
$1,253
$14,120
$30,800
$44,920
-
$35,300
$77,000
$112,300

FAQs

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