9888 Roberts Rd. Market Report

More Information OnlineMore Information Onlinehttp://www.kaarcie.com/listing/30663562

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Listing ID: 30663562Status: ActiveProperty Type: Business Opportunity For SaleIndustry: Food and Beverage, General MerchandiseSize: See AgentSale Price: $999,950

Overview/CommentsOverview/CommentsMAX EXPOSURE VISIBILITY! I-40 EXIT 276 IS ROUTE FOR ALL 3 NEARBYLAKES (CENTER HILL (1.5 MILES), CORDELL HULL (30 MINS.) & DALEHOLLOW (1HR.) 18-WHEELERS, RVS AND ALL OTHER LARGE VEHICLES WITHTRAILERS AND BOATS CAN GET ON AND OFF I-40 WITH EASE, PLENTY OFROOM FOR WIDE TURNS IN AND OUT OF PROPERTY. 3 PARCELS (104.00,104.01 & 104.02) TOTAL OF 4.11 USABLE ACRES. 3080 SF STORE SHELL,2000 SF STORAGE BUILDING AND 1100 SF MGR APT. ALL READY FORREMODEL. DRIVING FROM NASHVILLE TO KNOXVILLE, THIS IS ONE OF THEMOST HIGHLY VISIBLE, EASY ACCESS EXITS ON I-40 YEARLY TRAFFIC COUNTOVER 40K. GREAT PROPERTY FOR A TRUCK STOP, CONVENIENCE STORE,GAS STATION, BAIT AND BEER, RV PARK / RESORT, BNB, SHORT TERMLAKESIDE CABINS, MOTEL, FAST FOOD DRIVE THRU RESTAURANT,POSSIBILITIES ARE ENDLESS. GREAT REDEVELOPMENT OPPORTUNITY FORAN INVESTOR! AMAZING OPPORTUNITIES FOR PROMINENT, ATTENTIONGRABBING SIGNAGE (BILLBOARDS). MOTIVATED OWNER WILL FINANCE.

CALL YOUR 1 SOURCE REALTY PROS FOR DETAILS,931-267-5777

General InformationGeneral InformationIndustry: Food and Beverage, General MerchandiseIndustry Segment: Grocery and SupermarketsName of Establishment: STOP STORE (Previously Citgo)Business Website Address: https://www.loopnet.com/Listing/9888-Roberts-

Rd-Silver-Point-TN/

Gross Revenue: $0 (Annual)Cash Flow: $0 (Annual)Sale Terms: Owner will finance.

Business DetailsBusiness DetailsValue of Inventory Included ($): $0Value of Furniture, Fixtures, andEquipment ($):

$0

Value of Real Estate Included($):

$0

LocationLocationAddress: 9888 Roberts Rd, Silver Point, TN 38582County: PutnamMSA: Cookeville

9888 Roberts Rd. Market Report9888 Roberts Rd. Market ReportHIGH Feasibility for Growth & Development

I-40 Exit 276, 9888 ROBERTS RD., SILVERI-40 Exit 276, 9888 ROBERTS RD., SILVERPOINT, TNPOINT, TN9888 Roberts Rd, Silver Point, TN 38582

Prepared by Victoria Carmack, 1 Source Realty ProsNov 18, 2020 on KAAR CIE

931-261-9752 [M] 931-267-5777 [O] [email protected]

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Property ImagesProperty Images

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20201013_135731

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Comps Index

Comps Index

EnviroExit276



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EnviroExit276

FRONT

FRONT

Lakes Plat



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Lakes Plat

PlatCenterHill

PlatCenterHill

PlatRoad Frontage

PlatRoad Frontage



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SIDE

SIDE

SURVEY and RESTRICTIONS

SURVEY and RESTRICTIONS

Property ContactsProperty Contacts

Victoria CarmackVictoria Carmack1 Source Realty Pros

931-261-9752 [O]

[email protected]



© Copyright Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither the administrators of this site nor Catylist assume anyliability for errors or omissions.

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This listing is being promoted through a variety of local, regional, and nationwide real estate channels.

Views from the past Year

22Listing Views

Online Marketing for 9888 Roberts RdOnline Marketing for 9888 Roberts RdSilver Point, TN 38582

22

KAARKAARhttp://www.kaarcie.comA commercial information exchange (CIE), serving TheKnoxville Area, powered by Catylist.

KnoxNewsKnoxNewshttp://knoxnews.catylist.comA local online media publication, powered by Catylist

Knoxville ChamberKnoxville Chamberhttp://knoxvillechamber.catylist.comA local Economic Development group, powered by Catylist.

Commercial ExchangeCommercial Exchangehttp://commercialexchange.comCatylist's national commercial listings marketplace,drawing thousands of visitors daily.




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883Active Listings

4.9 millionSF Available

$13.92 PSFAnnual Lease Rate

28.6%Below List

542Days on Market

Listings & Completed TransactionsListings & Completed Transactions

# Active Listings # Completed Transactions

Days on Market & Lease RateDays on Market & Lease Rate

Annual Lease Rate PSF Days on Market

This Month 3 Month Average 12 Month Average 2 Year Average Trend

511Lease Listings

515 482 498

372Sale Listings

379 378 377

2.1 million SFFor Lease

2.1 million SF 1.9 million SF 2.0 million SF

2.8 million SFFor Sale

2.8 million SF 2.8 million SF 3.0 million SF

21Leased

19 15 17

11Sold

10 12 12

$13.92 PSFAsking Lease

$13.94 PSF $13.39 PSF $13.64 PSF

$12.77 PSFReported Lease

$13.66 PSF $13.82 PSF $14.07 PSF

Retail-Commercial Summary – October, 2020Retail-Commercial Summary – October, 2020Tennessee




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DisclaimerDisclaimer: All statistics on this page have been gathered from user-loaded listings and user-

reported transactions. We have not verified accuracy and make no guarantees. By using the

information provided on this page, the user acknowledges that the data may contain errors or other

nonconformities. You and/or your client should diligently and independently verify the specifics of

the information that you are using.

Statistics courtesy of:Knoxville Area Association of REALTORS?Knoxville Area Association of REALTORS?

FrequencyFrequency: Statistics are compiled at the beginning of each month.

ReliabilityReliability: The quality of the data will vary based on many factors, including whether or notyour CIE verifies the data on an ongoing basis. Statistics based on larger numbers of listings(as indicated by the "Listings" column) are generally more trustworthy.

AccuracyAccuracy: We make all attempts to normalize these stats, but make no guarantees abouttheir accuracy. Outliers (extremely high or low values) are excluded from calculations.

CountsCounts: Listing and Transaction counts reflect the number of records with price and sizeinformation within valid ranges. The actual counts of all records in the CIE are larger.

Weighted AveragesWeighted Averages: Price averages are weighed using the square footage available.

DirectDirect: Lease statistics are direct (exclude subleases).

Lease TypesLease Types: Because of discrepancies in how lease types (NNN, Gross, etc) are reported, weignore differences in type – all types are folded together into the lease rate stats.

Below ListBelow List: Reflects the average percent difference between the original listed price and thefinal transaction price.

Net AbsorptionNet Absorption: We calculate absorption using a 90 day period.

LocationsLocations: We only allow filters for locations with at least 100 active listings.

Asking vs. ReportedAsking vs. Reported: "Asking" prices are based on active listings for the chosen locale, while"Reported" prices are calculated using completed transactions as reported by CIE members.

$105.10 PSFAsking Sale

$106.85 PSF $106.63 PSF $100.44 PSF

$79.94 PSFReported Sale

$103.34 PSF $83.33 PSF $79.94 PSF

28.6%Below List

19.9% 19.2% 18.8%

542Days on Market

529 435 403

Retail-Commercial Investment Summary by Submarket – Last 3 MonthsRetail-Commercial Investment Summary by Submarket – Last 3 Months

SubmarketSubmarket # Listings# Listings # Closed# Closed Asking LeaseAsking Lease Reported LeaseReported LeaseKnoxville 681 26 $13.28 PSF $12.41 PSFMaryville 115 4 $13.18 PSF $23.50 PSFSevierville 75 3 $11.68 PSF $25.64 PSFPigeon Forge 52 1 $21.28 PSF $38.10 PSFLenoir City 54 1 $19.63 PSF $17 PSF




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Radius: 3 miles 5 miles

2023 Projection 1,227 8,4042018 Estimate 1,237 8,3712015 Estimate 1,308 8,783

2010 Census 1,265 8,396Growth 2018-2023 -0.81% 0.39%Growth 2015-2018 -5.43% -4.69%Growth 2010-2015 3.4% 4.61%


2023 Projection 621 4,0902018 Estimate 621 4,0862015 Estimate 661 4,315

2010 Census 645 4,143Growth 2018-2023 0% 0.1%Growth 2015-2018 -6.05% -5.31%Growth 2010-2015 2.48% 4.15%

Disclaimer:Disclaimer: While we believe this information (via GeoLytics) to be reliable, we have not checked its accuracy and make no guarantee as to its validity. By using the information provided on this page, the

user acknowledges that the data may contain errors or other nonconformities. You and/or your client should diligently and independently verify the specifics of the information that you are using.

PopulationPopulation

Population (Male)Population (Male)

Demographics, Labor/Workforce, and Consumer ExpendituresDemographics, Labor/Workforce, and Consumer Expenditures9888 Roberts Rd, Silver Point, TN




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2010 Census 620 4,253Growth 2018-2023 -1.62% 0.68%Growth 2015-2018 -4.79% -4.1%Growth 2010-2015 4.35% 5.06%


Age 0 to 5 77 570Age 5 to 10 71 537

Age 10 to 15 74 539Age 15 to 20 78 520Age 20 to 25 79 515Age 25 to 30 87 512Age 30 to 35 85 502Age 35 to 40 79 503Age 40 to 45 76 503Age 45 to 50 79 531Age 50 to 55 76 544Age 55 to 60 74 526Age 60 to 65 73 498

Age 65 and over 229 1,571Total Population 1,237 8,371

Median Age 35.6 38.85


Age 0 to 5Age 5 to 10Age 10 to 15Age 15 to 20Age 20 to 25Age 25 to 30Age 30 to 35Age 35 to 40Age 40 to 45Age 45 to 50Age 50 to 55Age 55 to 60Age 60 to 65Age 65 and over

6% 7%

6% 6%

6% 6%

6% 6%

6% 6%

7% 6%

7% 6%

6% 6%

6% 6%

6% 6%

6% 6%

6% 6%

6% 6%

19% 19%


2010 Census 40.9 41.1


2010 Census 46.63 42.99


High School Graduate (orGED)

296 2,106

Some College, No Degree 141 880Associate or Bachelor's

Degree20 82

Master's Degree 11 126Professional School Degree 2 36

Doctorate Degree 0 44Total High School

Graduates Age 25+470 3,274


High School Graduate (orGED)Some College, No DegreeAssociate or Bachelor'sDegreeMaster's DegreeProfessional School DegreeDoctorate Degree

63% 64%

30% 27%

4% 3%

2% 4%

0% 1%

0% 1%

Population (Female)Population (Female)

Population by AgePopulation by Age (2018 Estimate)

Median Age (Male)Median Age (Male)

Median Age (Female)Median Age (Female)

High School Graduates Age 25+ by Educational AttainmentHigh School Graduates Age 25+ by Educational Attainment (2018 Estimate)




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2010 Census 544 3,416Growth 2018-2023 -0.75% 0.41%Growth 2015-2018 -5.34% -4.73%Growth 2010-2015 3.31% 4.63%


2023 Projection 2.32 2.462018 Estimate 2.33 2.462015 Estimate 2.3 2.45

2010 Census 2.32 2.45Growth 2018-2023 -0.43% -0.06%Growth 2015-2018 1.3% 0.59%Growth 2010-2015 -0.86% -0.35%


Family Households 337 2,385Married-couple family 262 1,849

With own childrenunder 18 years

92 638

No own childrenunder 18 years

170 1,211

Male Householder: nowife present

27 184


10 84


17 100

Female Householder:no husband present

48 352


23 181


25 171

Nonfamily Households 195 1,0201 Person households 171 8772+ Unrelated people 24 143

Total Households 532 3,405


Family HouseholdsMarried-couple family

With own childrenunder 18 yearsNo own childrenunder 18 years

Male Householder: nowife present


Female Householder:no husband present


Nonfamily Households1 Person households2+ Unrelated people

63% 70%

49% 54%

17% 19%

32% 36%

5% 5%

2% 2%

3% 3%

9% 10%

4% 5%

5% 5%

37% 30%

32% 26%

5% 4%

HouseholdsHouseholds

Average Household SizeAverage Household Size

Households by Household Type and Size and Presence of ChildrenHouseholds by Household Type and Size and Presence of Children (2018 Estimate)




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Less than $25,000 236 1,290$25,000 to $49,999 165 939$50,000 to $74,999 103 646$75,000 to $99,999 20 227

$100,000 to $124,999 0 135$125,000 to $149,999 6 60$150,000 to $199,999 2 78

$200,000 or more 0 30Total Households 532 3,405

Average Household Income $32,710 $45,706.27Median Household Income $26,463 $39,204.10


Less than $25,000$25,000 to $49,999$50,000 to $74,999$75,000 to $99,999$100,000 to $124,999$125,000 to $149,999$150,000 to $199,999$200,000 or more

44% 38%

31% 28%

19% 19%

4% 7%

0% 4%

1% 2%

0% 2%

0% 1%


Less than $25,000 234 1,291$25,000 to $49,999 164 944$50,000 to $74,999 102 651$75,000 to $99,999 20 226

$100,000 to $124,999 0 136$125,000 to $149,999 6 60$150,000 to $199,999 2 80

$200,000 or more 0 31Total Households 528 3,419

Average Household Income $32,635 $46,018.10Median Household Income $24,219 $40,214.29


Less than $25,000$25,000 to $49,999$50,000 to $74,999$75,000 to $99,999$100,000 to $124,999$125,000 to $149,999$150,000 to $199,999$200,000 or more

44% 38%

31% 28%

19% 19%

4% 7%

0% 4%

1% 2%

0% 2%

0% 1%


2018 Estimate $14,068 $18,515.952015 Estimate $14,515 $18,690.48

Growth 2015-2018 -3.08% -0.93%


2018 Estimate 6.1% 4.95%2015 Estimate 12.22% 8.76%

Growth 2015-2018 -50.08% -43.48%


Labor Force 576 3,831Civilian, Employed 541 3,643

Civilian, Unemployed 35 188Not in Labor Force 423 2,783

Total Population Age 16+ 999 6,614


Labor ForceCivilian, EmployedCivilian, Unemployed

Not in Labor Force

58% 58%

54% 55%

4% 3%

42% 42%

Households by Household IncomeHouseholds by Household Income (2018 Estimate)

Households by Household IncomeHouseholds by Household Income (2023 Projection)

Per Capita IncomePer Capita Income

Unemployment RateUnemployment Rate

Population Age 16+ By Employment StatusPopulation Age 16+ By Employment Status (2018 Estimate)




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Agriculture, forestry,fishing and hunting,

mining and construction32 542

Manufacturing 66 624Wholesale & retail trade 72 546

Transportation andwarehousing, and utilities

6 135

Information 0 57Finance, insurance, real

estate and rental andleasing

5 115

Professional, scientific,and technical services

59 334

Educational, health andsocial services

127 590

Arts, entertainment,recreation, accommodation

and food services84 281

Other services (exceptpublic administration)

86 281

Public Administration 4 138Total Employed Civilian

Population Age 16+541 3,643


Agriculture, forestry,fishing and hunting,mining and constructionManufacturingWholesale & retail tradeTransportation andwarehousing, and utilitiesInformationFinance, insurance, realestate and rental andleasingProfessional, scientific,and technical servicesEducational, health andsocial servicesArts, entertainment,recreation, accommodationand food servicesOther services (exceptpublic administration)Public Administration

6% 15%

12% 17%

13% 15%

1% 4%

0% 2%

1% 3%

11% 9%

23% 16%

16% 8%

16% 8%

1% 4%


Vacant Housing Units 235 1,048Occupied Housing Units 532 3,405

Owner-Occupied 441 2,781Renter-Occupied 91 624

Total Housing Units 767 4,453


Vacant Housing UnitsOccupied Housing Units

Owner-OccupiedRenter-Occupied

31% 24%

69% 76%

57% 62%

12% 14%

Employed Civilian Population Age 16+ by IndustryEmployed Civilian Population Age 16+ by Industry (2018 Estimate)

Housing Units by TenureHousing Units by Tenure (2018 Estimate)




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9888 Roberts Rd. Market Report

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