6150 Old Tullahoma RdWinchester, TN 37398

  • Retail properties
  • 1,012 SF
For Sale
$699,900 View listing

Property Details for 6150 Old Tullahoma Rd

Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
4.32 AC
Property size (Sq ft)
1,012 SF
Property type
Retail properties
Property subtype
Retail space
APN
026044 01201
APU
2604401201

Description

This exceptional commercial property, located at 6150 Old Tullahoma Rd, Winchester, TN, presents a rare opportunity for a variety of businesses. The 3-acre lot boasts a strategic location, offering convenient access to both Winchester and Tullahoma. The existing structures include a substantial 40' x 50' shed equipped with two secure shipping containers, providing ample storage space. Additionally, a large 50' x 50' shop, complete with lean-tos on each side, offers extensive workshop or production area. A generous gravel parking lot provides ample space for equipment storage or customer parking. The property has a long history of successful operation as a landscaping business, demonstrating its suitability for outdoor-oriented enterprises. However, its versatile layout and substantial buildings make it ideal for a wide range of commercial uses, including contracting businesses, storage facilities, or other similar operations. The property's size and existing infrastructure offer significant potential for immediate occupancy and operational efficiency. The asking price is $699,900. The total building square footage is 2,499 square feet. This is a turnkey opportunity for a business seeking a well-established and versatile commercial space. Don't miss this chance to acquire a highly functional and strategically located property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $314,642
    6.5%
    $290,439
    7%
    $269,693
  • Comparable approach

    Method
    Valuation
    Relative Method
    $415,409
    Geo Method
    $497,450
  • Alternative Use

    Use
    Valuation
    Residential
    $244,996
    Hospitality
    $224,415
    Educational
    $186,711
    Medical
    $193,132
    Retail
    $290,439
6150 Old Tullahoma Rd, Winchester, Tennessee

Location Insight

City
Winchester
County
Franklin
State
Tennessee
Latitude
35.2464
Longitude
-86.176
CBSA code
46100
CBSA name
TULLAHOMA, TN MICROPOLITAN 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
$665
$12,240
$23,280
$35,520
-
$30,600
$58,200
$88,800

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