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 properties

Property subtype

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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