1430 Murrays Chapel RdSweetwater, TN 37874

Property Details for 1430 Murrays Chapel Rd

Year built

1994

Lot size

0.97 AC

Property size (Sq ft)

2,300 SF

Zone code

C-5

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

062022 00800

APU

6202200800

Description

This 2,453 square foot gas station and convenience store sits on a 0.8-acre lot at 1430 Murrays Chapel Rd in Sweetwater, Tennessee (zip code 37874). Built in 1994, the single-story building enjoys a highly visible location on the west side of I-75, near the southbound exit. Currently vacant, this property presents a unique opportunity for investors. Its proximity to the I-75 southbound Sweetwater exit makes it the closest gas station/convenience store to this major highway access point on the west side. The high-visibility signage ensures excellent brand exposure. An additional adjacent property is also available, presenting potential for expansion or redevelopment, significantly increasing the property's value and potential return on investment. The asking price for this turnkey opportunity is $595,000.

• CAP approach

  CAP return

  Valuation

  6%

  $715,096

  6.5%

  $660,089

  7%

  $612,940

• Comparable approach

  Method

  Valuation

  Relative Method

  $944,110

  Geo Method

  $1,130,568

• Alternative Use

  Use

  Valuation

  Residential

  $556,810

  Hospitality

  $510,035

  Educational

  $424,343

  Medical

  $438,937

  Retail

  $660,089

Location Insight

City

Sweetwater

County

Monroe

State

Tennessee

Latitude

35.601

Longitude

-84.5206

Property Tax & Assessments

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