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1210 Madison St 41,602 SF Retail Building Shelbyville, TN 37160 $2,800,000 ($67.30/SF) 6.50% Cap Rate
Executive Summary
multiuser space of shops, warehouses and offices. All shop and warehouse space is occupied with body and mechanic shops. Show room lobby and offices available for lease.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
41,602 SF
Building Class
C
Year Built
1938
Price
$2,800,000
Price Per SF
$67.30
Cap Rate
6.50%
NOI
$182,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
5.00 AC
Zoning
CH - Highway Commercial
Parking
50 Spaces (1.2 Spaces per 1,000 SF Leased)
Frontage
367’ on Madison St
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $176,640 | |
| Land Assessment | $254,800 | Total Assessment | $431,440 |
Property Taxes
Parcel Numbers
Land Assessment
$254,800
Improvements Assessment
$176,640
Total Assessment
$431,440
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Presented by
Larry price
1210 Madison St
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