700 1St StPulaski, TN 38478

  • Retail properties
  • 4,260 SF
For Sale
$1,150,000 View listing

Property Details for 700 1St St

Year built
1990
Construction
FRAME
Lot size
1.08 AC
Property size (Sq ft)
4,260 SF
Property type
Retail properties
Property subtype
Auto shops
APN
028086P A 00600
APU
028086PA00600

Description

This exceptional 4,200 square foot mixed-use commercial building, situated on a 1.08-acre lot at 700 N 1st St N in Pulaski, Tennessee, presents a remarkable investment opportunity. Previously utilized as an auto repair center, the property boasts seven large garage doors, providing ample access and space for a variety of commercial ventures. The existing infrastructure, including the potential for acquiring the current lifts, offers significant advantages for buyers seeking to continue automotive-related businesses. However, the flexible zoning allows for a wide range of alternative uses, making it ideal for entrepreneurs with diverse business plans. Imagine transforming this space into a thriving restaurant, a trendy coffee shop, a retail establishment, or any other enterprise that aligns with your vision. The building's substantial size and strategic location in Pulaski ensure high visibility and accessibility, promising a strong return on investment. This property offers a unique blend of existing infrastructure and adaptable space, making it a truly exceptional opportunity in the vibrant Pulaski market. The asking price is $1,150,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,324,483
    6.5%
    $1,222,599
    7%
    $1,135,271
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,748,656
    Geo Method
    $2,094,008
  • Alternative Use

    Use
    Valuation
    Residential
    $1,031,308
    Hospitality
    $944,673
    Educational
    $785,957
    Medical
    $812,987
    Retail
    $1,222,599
700 1St St, Pulaski, Tennessee

Location Insight

City
Pulaski
County
Giles
State
Tennessee
Latitude
35.2061
Longitude
-87.0285

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
$1,657
$29,000
$39,800
$68,800
-
$72,500
$99,500
$172,000

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