22 Jefferson StBrownsville, TN 38012

  • Retail properties
  • 5,535 SF
For Sale
$99,000 View listing

Property Details for 22 Jefferson St

Year built
1908
Lot size
41.00 AC
Property size (Sq ft)
5,535 SF
Zone code
CB
Property type
Retail properties
Property subtype
Retail space
APN
075F I 01300
APU
075FI01300

Description

This exceptional mixed-use property, located at 22 Jefferson Street in Brownsville, Tennessee, presents a compelling investment opportunity. The building encompasses a substantial 6,138 square feet, offering significant versatility for a variety of commercial uses. Situated on a lot with no acreage specified, the property's location within Brownsville provides convenient access to local amenities and potential customer bases. The asking price of $99,000 represents a highly competitive entry point into the Brownsville commercial real estate market. Given the size and the mixed-use zoning, this property is ideally suited for entrepreneurs seeking a flexible space to establish or expand their business. The building's substantial square footage allows for diverse configurations, accommodating multiple tenants or a single large-scale operation. Further investigation into potential uses and zoning regulations is encouraged to fully explore the possibilities this property offers. This is a rare chance to acquire a well-positioned commercial property in a growing Tennessee town at an attractive price point. Serious inquiries are welcome. Act quickly, as opportunities like this are seldom available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,859,820
    6.5%
    $1,716,756
    7%
    $1,594,131
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,087,402
    Geo Method
    $1,087,402
  • Alternative Use

    Use
    Valuation
    Residential
    $1,448,148
    Hospitality
    $1,326,496
    Educational
    $1,103,629
    Medical
    $1,141,585
    Retail
    $1,716,756
22 Jefferson St, Brownsville, Tennessee

Location Insight

City
Brownsville
County
Haywood
State
Tennessee
Latitude
35.5925
Longitude
-89.2615
CBSA code
15140
CBSA name
BROWNSVILLE, 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
0
-
$3,760
$22,080
$25,840
-
$9,400
$55,200
$64,600

FAQs

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