1008 Gainesboro HwyCelina, TN 38551

Property Details for 1008 Gainesboro Hwy

Year built

1985

Lot size

0.82 AC

Property size (Sq ft)

1,707 SF

Property type

Retail properties

Property subtype

Drive through restaurants

APN

014056B D 00904 001

APU

014056BD00904001

Description

This exceptional 1,707-square-foot commercial property, situated on a 0.662-acre lot in Celina, Tennessee, presents a remarkable investment opportunity. Currently a former Dairy Queen Grill & Chill, this single-tenant building boasts 100% occupancy and is zoned for commercial use. The asking price is $800,000, translating to $571.18 per square foot. Located at 1008 Gainesboro Hwy, Celina, TN 38551, this property enjoys a prime location between a Shell Gas Station and a Walgreens, ensuring high visibility and traffic flow. The ample 20-space parking lot caters to customer convenience. This property is ideal for a quick-service restaurant (QSR) franchise, a bank, or a liquor store, offering a unique chance to establish a branded presence in a market currently lacking a similar food chain. The sale includes only the building and land; no Dairy Queen signage or furniture is included. This is a turnkey opportunity for a developer or franchisee seeking a high-traffic location in a thriving community. The property's strategic positioning and substantial lot size provide significant potential for future development or expansion.

• CAP approach

  CAP return

  Valuation

  6%

  $433,485

  6.5%

  $400,140

  7%

  $371,559

• Comparable approach

  Method

  Valuation

  Relative Method

  $370,285

  Geo Method

  $370,285

• Alternative Use

  Use

  Valuation

  Residential

  $337,533

  Hospitality

  $309,178

  Educational

  $257,233

  Medical

  $266,080

  Retail

  $400,140

Location Insight

City

Celina

County

Clay

State

Tennessee

Latitude

36.5425

Longitude

-85.5032

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].