135 Little Senator CirClinton, TN 37716
- Other commercial real estate
- 1,134 SF
Property Details for 135 Little Senator Cir
- Year built
- 1940
- Lot size
- 0.65 AC
- Property size (Sq ft)
- 1,134 SF
- Property type
- Other commercial real estate
- APN
- 001031 09900
- APU
- 103109900
Description
This exceptional 1,870 square foot shopping center, situated on a one-acre lot in Clinton, Tennessee (37716), presents a lucrative investment opportunity. The property, located at 135 Little Senator Cir, boasts a prime location with highway exposure and a service road, ensuring high visibility for your business. Built in 1958 and extensively renovated in 2022, the building features a new roof, gutters, siding, plumbing, electrical system, fresh paint, and updated HVAC. The property is currently vacant, offering flexibility for a single tenant or the potential to be divided into two separate units. Zoned for commercial use (APN: 00103109800), this property offers a strong return on investment, with an estimated annual income of $33,600. The asking price is $699,000, translating to $307.49 per square foot. The property is situated in a fast-growing area near Norris Lake, and there's potential for expansion, with adjacent properties available for purchase as a package deal for $1.1 million. This meticulously maintained shopping center is ready for immediate occupancy and offers significant upside potential. The property is a triple net (NNN) lease.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $222,698
- Hospitality
- $203,990
- Educational
- $169,718
- Medical
- $175,554
- Retail
- $264,005
Location Insight
- City
- Clinton
- County
- Anderson
- State
- Tennessee
- Latitude
- 36.183
- Longitude
- -84.0645
- CBSA code
- 28940
- CBSA name
- KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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