1856 Decherd BlvdDecherd, TN 37324

Property Details for 1856 Decherd Blvd

Year built

1967

Lot size

0.32 AC

Property size (Sq ft)

8,586 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

026066A A 00500

APU

026066AA00500

Description

This 7,500 square foot retail space at 1856 Decherd Blvd, Decherd, TN, is ideally situated on a 0.42-acre lot and benefits from exceptional daily traffic counts of 19,445 vehicles. Previously used as a medical office, the property offers significant potential for a variety of service or retail businesses. The building features two separate entrances, providing flexibility and convenience for customers and staff. Ample parking is available with over 10 spaces on-site. Currently operating as a resale store, this versatile property presents a unique opportunity for an entrepreneur or established business seeking a high-visibility location in a busy area. The asking price is $650,000. The property's size and location make it an attractive investment for those seeking a strong return on investment in a thriving community. The existing infrastructure and convenient access points further enhance its appeal. This is a rare opportunity to acquire a well-positioned retail space in a high-traffic area with significant growth potential. Don't miss out on this chance to establish your business in a prime Decherd location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,815,976

  6.5%

  $1,676,286

  7%

  $1,556,551

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,398,573

  Geo Method

  $1,674,785

• Alternative Use

  Use

  Valuation

  Residential

  $2,078,595

  Hospitality

  $1,903,982

  Educational

  $1,584,090

  Medical

  $1,638,570

  Retail

  $2,464,140

Location Insight

City

Decherd

County

Franklin

State

Tennessee

Latitude

35.2055

Longitude

-86.0934

CBSA code

46100

CBSA name

TULLAHOMA, TN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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