13533 Columbia HwyLynnville, TN 38472

  • Turn key restaurants
  • 2,788 SF
For Sale
$399,900 View listing

Property Details for 13533 Columbia Hwy

Year built
2016
Lot size
1.21 AC
Property size (Sq ft)
2,788 SF
Property type
Turn key restaurants
APN
028017 02800
APU
2801702800

Description

This exceptional turnkey restaurant opportunity in Lynnville, Tennessee, is ideally situated on a high-traffic highway, offering unparalleled visibility and accessibility. The 2,840 square foot building sits on a one-acre lot and boasts three distinct dining areas, one featuring a built-in stage perfect for live entertainment or special events. A dedicated smoking room, ideal for BBQ or similar cuisine, is complemented by a large walk-in freezer for efficient cold storage. Ample parking ensures comfortable accommodation for even the busiest service periods. Its strategic location provides easy access to both local customers and interstate travelers, being only 22 minutes from Columbia, TN, 13 minutes from I-65, and 18 minutes from Pulaski, TN. This vacant property presents a rare chance to establish or expand a restaurant concept in a thriving market, whether it's a family-friendly diner, upscale establishment, or event-focused venue. The property is move-in ready, allowing for a quick and efficient launch of operations. This is a truly turnkey opportunity for investors and restaurateurs seeking a high-potential location. The asking price is $399,900.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $866,821
    6.5%
    $800,142
    7%
    $742,989
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,144,426
    Geo Method
    $604,777
  • Alternative Use

    Use
    Valuation
    Residential
    $674,950
    Hospitality
    $618,251
    Educational
    $514,377
    Medical
    $532,068
    Retail
    $800,142

Location Insight

City
Lynnville
County
Giles
State
Tennessee
Latitude
35.3774
Longitude
-87.0316

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
2023
$2,998
$23,120
$127,800
$150,920
-
$57,800
$319,500
$377,300

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