134 Monks RdFayetteville, TN 37334
- Office properties
- 3,789 SF
Property Details for 134 Monks Rd
- Year built
- 1997
- Construction
- FRAME
- Lot size
- 2.75 AC
- Property size (Sq ft)
- 3,789 SF
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- 126 08010
- APU
- 12608010
Description
This exceptional commercial property in Fayetteville, Tennessee, presents a unique investment opportunity. Situated on a generous 2.75-acre lot, the property boasts a total of 6,485 square feet of usable space, spread across three buildings. The main building, encompassing 3,485 square feet, features multiple offices, restrooms, and conference rooms, ideal for a variety of business needs. A second building offers an additional 1,500 square feet of office space, perfectly suited for expansion or separate tenancy. A third building provides a 1,500 square feet shop, adding significant versatility to the property's potential uses. The property's impressive features extend beyond the individual buildings. A large room with a cathedral ceiling provides ample space for gatherings or specialized functions. Two additional rooms, suitable for classrooms or conference rooms, enhance the property's adaptability. A fully equipped kitchen with substantial storage is included, adding convenience and functionality. Multiple bathrooms are strategically located throughout the property for optimal accessibility. The property's extensive amenities and versatile layout make it suitable for a wide range of businesses, educational institutions, or community organizations seeking a prominent location with ample space and modern facilities. Priced at $340,000, this property offers significant value and potential for substantial return on investment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $801,390
- 6.5%
- $739,745
- 7%
- $686,906
-
Comparable approach
- Method
- Valuation
- Relative Method
- $617,190
- Geo Method
- $739,082
-
Alternative Use
- Use
- Valuation
- Residential
- $917,283
- Hospitality
- $840,227
- Educational
- $699,059
- Medical
- $723,100
- Retail
- $1,087,425
Location Insight
- City
- Fayetteville
- County
- Lincoln
- State
- Tennessee
- Latitude
- 35.0557
- Longitude
- -86.5921
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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