Somerville TN Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2000
Baths:
MLS#:
10178330
Subdivision:
NA

ADDITIONAL INFORMATION

Conveniently located off Hwy 64 in Somerville. Zoned commercial/general business. Would make great office space or retail.

Type:
Office
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
10175845
Subdivision:
N/A

ADDITIONAL INFORMATION

Great income producing commercial space on the Historic Somerville Town Square. Partially renovated with new electrical wiring and panel. Currently leased at $1,000/mo. 15 +/- minutes to Blue Oval City. Great investment opportunity!

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1930
Baths:
MLS#:
10171438
Subdivision:
NKS

ADDITIONAL INFORMATION

Buy the Historic Yo-Yo Inn where Elvis Presley frequently visited. See attached article. Joins Dollar General Parking lot and also joins another commercial tract on the east of 2.8 acres.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1947
Baths:
MLS#:
10158460
Subdivision:
NKS

ADDITIONAL INFORMATION

New commercial business opportunity abounds with this big lot on the eastern side of Somerville. Next to Dollar General, so traffic to the area is good. Nice lot that needs clearing and leveling. Rear of the property is an old abandoned railroad. All utilities are on site. Strong business corridor surrounds this property.

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Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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Somerville Real Estate

The median home value in Somerville, TN is $332,500. This is lower than the county median home value of $341,400. The national median home value is $338,100. The average price of homes sold in Somerville, TN is $332,500. Approximately 43.07% of Somerville homes are owned, compared to 48.1% rented, while 8.83% are vacant. Somerville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Somerville real estate agent to arrange a tour today!

Somerville, Tennessee has a population of 3,329. Somerville is less family-centric than the surrounding county with 19.1% of the households containing married families with children. The county average for households married with children is 24.64%.

The median household income in Somerville, Tennessee is $24,856. The median household income for the surrounding county is $69,729 compared to the national median of $69,021. The median age of people living in Somerville is 34 years.

Somerville Weather

The average high temperature in July is 90.4 degrees, with an average low temperature in January of 29.1 degrees. The average rainfall is approximately 55.2 inches per year, with 2.2 inches of snow per year.

Somerville Real Estate Market Conditions

  • Median sales price

    $332,500
    20.2% change since last quarter
  • # Active listings

    88
    30-day change

Somerville Schools and Demographics

Education near Somerville, TN

Metric City County
High School Graduates 82.04 89.33
College Degree - 2 year 9.88 8.22
College Degree - 4 year 13.62 23.6
Graduate Degree 3.89 5.82
Expenditures per Student 10,174 10,174
Students per Teacher 15.5 15.5

Elementary Schools near Somerville, TN

School Grades Students P/T Ratio ZIP
Arlington Elementary PK - 05 935 38002
Bailey Station Elementary School PK - 05 820 38017
Barret's Chapel School PK - 08 659 18.9 38002
Buckley-Carpenter Elementary School PK - 05 0 38068
Central Elementary School PK - 05 367 18.4 38068
Collierville Elementary School PK - 05 786 38017
Crosswind Elementary School PK - 05 762 38017
Donelson Elementary PK - 05 716 38002
Jefferson Elementary School PK - 05 265 15.8 38068
Lakeland Elementary School PK - 05 851 38002
Oakland Elementary School PK - 05 647 17.4 38060
Sycamore Elementary School PK - 05 767 38017
Tara Oaks Elementary School PK - 05 687 38017

Middle Schools near Somerville, TN

School Grades Students P/T Ratio ZIP
Arlington Middle 06 - 08 1,221 38002
Collierville Middle School 06 - 08 879 38017
East Junior High School 06 - 08 395 17.2 38068
Schilling Farms Middle 06 - 08 1,057 38017
Shadowlawn Middle School 06 - 08 0 38002
Somerville Elementary School PK - 05 280 15.4 38068
West Junior High School 06 - 08 425 19.4 38060

High Schools near Somerville, TN

School Grades Students P/T Ratio ZIP
Arlington High 09 - 12 2,035 38002
Bolton High School 09 - 12 1,878 20.3 38002
Collierville High School 09 - 12 2,181 38017
Fayette Ware Comprehensive High School 09 - 12 874 14.2 38068

Ungraded Schools near Somerville, TN

School Grades Students P/T Ratio ZIP
Bartlett 9th Grade Academy 09 - 09 589 17.9 38002

Demographics near Somerville, TN

Metric City County
Neighborhood Type Small town
Population 3,329 41,584
Population Density 245 59
Median Age 34 46.5
People per Household 2.6 2.6
Median Household Income 24,856 69,729
Average Income per Capita 19,104 37,049