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1255 Us-411
Vonore, TN 37885
Auction - Derby Downs | $107K NOI | 90% Occ. · Retail Property For Sale
Investment Highlights
- STARTING BID $850,000 | $107K NOI | 90% Occupied | AUCTION DECEMBER 11-13, 2023
- 90% Occupancy with Immediate Value-Add; Anchor Tenant has 7 Locations in TN, GA
- Strong Retail Corridor including Food City, Hardees, Shell, Dollar General, Sloan’s Hometown Hardware, and more
- ±35,000 Square Foot, Retail Center with $107,334 NOI
- ±15,326 VPD Traffic and Excellent Visibility along Highway 411
- Zoned C-3, Highway Business District with Permitted Uses including Retail and Self-Storage
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
35,000 SF
Building Class
C
Year Built
2004
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.17
Lot Size
4.84 AC
Zoning
C-3 - Highway Business District
Parking
85 Spaces (2.43 Spaces per 1,000 SF Leased)
Frontage
374’ on Us-411 Hwy
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 038-058.07 | Improvements Assessment | $180,360 |
| Land Assessment | $214,600 | Total Assessment | $394,960 |
Property Taxes
Parcel Number
038-058.07
Land Assessment
$214,600
Improvements Assessment
$180,360
Total Assessment
$394,960
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