622 Nuckolls RdBolivar, TN 38008

Property Details for 622 Nuckolls Rd

Year built

1988

Lot size

0.78 AC

Property size (Sq ft)

3,748 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

035070 00112

APU

3507000112

Description

This exceptional office building, located at 622 Nuckolls Road in Bolivar, Tennessee, presents a compelling investment opportunity. The property boasts a substantial 3,492 square feet of well-maintained office space, ideal for a variety of businesses. Situated on a generous 0.78-acre lot, the building offers ample parking and potential for expansion or future development. The asking price of $275,000 represents significant value in the current market. The property's address is easily accessible, providing convenient access for employees and clients alike. The building's interior layout is adaptable and can be configured to suit diverse business needs. This is a rare opportunity to acquire a well-located, sizable office building in Bolivar at an attractive price point. Serious inquiries are encouraged to explore the potential of this property further. The property is ready for immediate occupancy, allowing for a swift transition for new owners. Its strategic location within Bolivar offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in the community. The ample lot size provides flexibility for future expansion or additional parking as needed. Don't miss this chance to own a substantial commercial property in a thriving Tennessee town.

• CAP approach

  CAP return

  Valuation

  6%

  $540,027

  6.5%

  $498,487

  7%

  $462,881

• Comparable approach

  Method

  Valuation

  Relative Method

  $292,194

  Geo Method

  $292,194

• Alternative Use

  Use

  Valuation

  Residential

  $618,124

  Hospitality

  $566,198

  Educational

  $471,070

  Medical

  $487,271

  Retail

  $732,776

Location Insight

City

Bolivar

County

Hardeman

State

Tennessee

Latitude

35.2657

Longitude

-89.0002

Property Tax & Assessments

FAQs

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