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404 Beersheba Hwy 24,960 SF 100% Leased Flex Building McMinnville, TN 37110 $1,790,735 CAD ($71.74 CAD/SF) 6% Cap Rate
Investment Highlights
- Value Add Opportunity
- 15,500 Sqft to still improve and lease up
- Flexable Zoning
Executive Summary
Incredible VALUE ADD POTENTIAL! If you are looking for potential Multi-Family development combined with potential Climate Controlled Storage this is the one. Selling at .51 Cents per Sqft, Total building size is 24,960 sqft on 2+/- Acers (tax record), 15,500 extensively remodeled and rented. +/- 9,500sqft ready to become apartments, flex retail, etc. Very flexible zoning, 9K traffic count per day, large parking area, All new electric, plumbing, HVAC, room to increase current rents. If you are truly an investor, this is your opportunity to greatly increase income and resale price!
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Air Conditioning
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 069I-A-013.00 | Total Assessment | $513,231 CAD |
| Land Assessment | $149,226 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $364,005 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
069I-A-013.00
Land Assessment
$149,226 CAD
Improvements Assessment
$364,005 CAD
Total Assessment
$513,231 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Videos
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Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
The Wingate Group, LLC
404 Beersheba Hwy
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