1915 Main StKimball, TN 37347

  • Office properties
  • 720 SF

Property Details for 1915 Main St

Year built
2007
Construction
FRAME
Lot size
0.52 AC
Property size (Sq ft)
720 SF
Property type
Office properties
APN
058119 05906
APU
5811905906

Description

This exceptional 576-square-foot retail space, located at 1915 Main Street in Kimball, Tennessee, presents a fantastic opportunity for a restaurant or similar business. The property sits on a 0.53-acre lot, offering ample space and visibility. The building is currently vacant and available for immediate occupancy under a triple net lease. This allows for significant flexibility, with the opportunity to customize the interior to perfectly suit your business needs. The property boasts excellent road frontage, ensuring maximum exposure to traffic between the growing towns of Kimball and Jasper, Tennessee. A key advantage is the fully fenced rear area, complete with convenient walk-through and pull-through gates, providing secure access and additional space. The property's location and flexible lease terms make it an ideal investment for entrepreneurs seeking a high-visibility location in a thriving community. The zip code is 37347. This single-tenant property offers a unique chance to establish a successful business in a desirable area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $152,283
    6.5%
    $140,569
    7%
    $130,528
  • Comparable approach

    Method
    Valuation
    Relative Method
    $117,281
    Geo Method
    $140,443
  • Alternative Use

    Use
    Valuation
    Residential
    $174,306
    Hospitality
    $159,663
    Educational
    $132,838
    Medical
    $137,406
    Retail
    $206,636

Location Insight

City
Kimball
County
Marion
State
Tennessee
Latitude
35.0537
Longitude
-85.6593
CBSA code
16860
CBSA name
CHATTANOOGA, TN-GA METROPOLITAN 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
$756
$10,920
$30,040
$40,960
-
$27,300
$75,100
$102,400

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