113 Madison StPulaski, TN 38478

  • Office properties
  • 6,072 SF
For Sale
$425,000 View listing

Property Details for 113 Madison St

Year built
1900
Lot size
0.08 AC
Property size (Sq ft)
6,072 SF
Property type
Office properties
APN
028096D N 01700
APU
028096DN01700

Description

This exceptional 6,072 square foot mixed-use building presents a compelling investment opportunity in the heart of Pulaski, Tennessee. Strategically located on Pulaski's town square, this property boasts high visibility and significant foot traffic, making it ideal for a variety of commercial ventures. The building is currently leased, generating immediate income potential for the new owner. The 0.08-acre lot provides ample space for potential expansion or outdoor uses. The building's substantial size and prime location offer numerous possibilities for future development and adaptation to suit diverse business needs. This is a rare chance to acquire a well-situated, income-producing property in a thriving community. Detailed lease information is available upon request. The asking price of $425,000 reflects the property's strong potential for return on investment. Don't miss this chance to secure a valuable asset in a desirable location. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,284,254
    6.5%
    $1,185,466
    7%
    $1,100,790
  • Comparable approach

    Method
    Valuation
    Relative Method
    $989,068
    Geo Method
    $1,184,404
  • Alternative Use

    Use
    Valuation
    Residential
    $1,469,977
    Hospitality
    $1,346,491
    Educational
    $1,120,265
    Medical
    $1,158,793
    Retail
    $1,742,634

Location Insight

City
Pulaski
County
Giles
State
Tennessee
Latitude
35.1988
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
$1,880
$8,000
$70,080
$78,080
-
$20,000
$175,200
$195,200

FAQs

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