15050 Rankin AveDunlap, TN 37327

Property Details for 15050 Rankin Ave

Year built

1994

Lot size

0.36 AC

Property size (Sq ft)

4,718 SF

Property type

Retail space

APN

077048M D 00106

APU

077048MD00106

Description

This exceptional 14,450 square foot mixed-use commercial property, built in 1999, is located at 15050 Rankin Ave in Dunlap, Tennessee, within Sequatchie County (zip code 37327). The two-story building offers ample space ideal for retail, office, or a service center. Its prime location in a bustling commercial district ensures high visibility and foot traffic, attracting customers and clients. The property boasts convenient access to major roads and ample parking. The well-maintained building features a contemporary design, creating a professional and comfortable atmosphere. Easily customizable to suit various business needs, this property presents a significant investment opportunity in a thriving commercial hub. The building's versatility and prime location in Dunlap, TN, a community known for its friendly atmosphere and beautiful surroundings, promise sustained growth potential. The asking price is $1,800,000, translating to $124.57 per square foot.

• CAP approach

  CAP return

  Valuation

  6%

  $1,466,880

  6.5%

  $1,354,043

  7%

  $1,257,326

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,936,658

  Geo Method

  $2,319,138

• Alternative Use

  Use

  Valuation

  Residential

  $1,142,186

  Hospitality

  $1,046,236

  Educational

  $870,456

  Medical

  $900,393

  Retail

  $1,354,043

Location Insight

City

Dunlap

County

Sequatchie

State

Tennessee

Latitude

35.3635

Longitude

-85.3936

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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