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    1010 Highway 25 70 Newport, TN 37821

    View on Map
    Sponsored
    For Sale
    $595,000

    COMMERCIAL - Newport, TN

    Property size:
    2,848 SF
    Lot size:
    0.33 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 28 at 4:06 am

    Property Features for 1010 Highway 25 70

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement
    APN
    046 095.00
    Parking
    12
    Parking features
    Driveway
    Size
    2,848 SF
    Lot size
    0.33 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Electric (Heating), Heat Pump (Heating), Central
    Cooling system
    Heat Pump, Central Air, Zoned, Electric
    Water source
    Public

    Building Details

    Year built
    2025
    Floors in Building
    2
    Flooring type
    Vinyl, Simulated wood, Hardwood
    Building materials
    Frame, Metal Siding, Steel Frame, Steel Siding

    We can help!

    Listing Contact
    Randy Bable

    10 Realty, LLC

    Listing agent Randy Bable

    Listing date Mar 27, 2026

    MLS# 310954

    Copyright © 2026 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Renovated Commercial Building Near I-40

    This fully renovated, move-in ready commercial building presents a versatile opportunity for business or investment purposes. Located minutes from Interstate 40 on Highway 25/70 in Newport, Tennessee, the property was completely remodeled in 2025. The comprehensive renovation includes new metal exterior siding and roof, windows and entry doors, electrical wiring and lighting, drywall and interior finishes, and zoned HVAC systems. The main level features a 40' x 28' open area with timber flooring, suitable for reception, waiting, training, or collaborative work. It also includes a new full kitchen with appliances and solid surface countertops, plus a dedicated laundry room. The rear of the building contains four private rooms for offices or treatment, two restrooms, and a separate room with a walk-in shower, along with a private rear entrance. The second level offers four additional private rooms and a full bathroom with double vanity and walk-in shower. The third level provides a 13' x 29' room suitable as an executive office, living area, or storage. Situated on a 0.33-acre lot, the property provides parking for 12 or more vehicles. It benefits from city water service with septic in place and sewer available. The property is suited for medical or wellness use, professional offices, counseling or treatment facilities, training or educational purposes, boarding or shared living concepts, or as an income-producing multi-tenant investment. The building has 2848 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    United Steelworkers Advocacy Group

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Cocke
    State
    Tennessee
    Longitude
    -83.239008
    Latitude
    35.973564

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    FAQs

    What type of property is this?
    Medical Office Space - Move-in ready, multi-use commercial building suitable for various business ventures.
    Where is this medical office space located?
    The property is located at 1010 Highway 25 70 Newport, TN.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: - Fully Renovated in 2025 - **Essentially Like New Construction**: Enjoy modern systems and aesthetics.; - **Prime Location on High-Traffic Hwy 25/70** - Minutes to I-40: Benefit from excellent visibility and accessibility.; - Flexible Multi-Use Building - Adaptable space suits various business models or investment strategies.
    (865) 364-6868
    Request Owner's contact information
    1010 Highway 25 70 Newport, TN 37821
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    Newport, TN 37821
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1010 Highway 25 70 Newport, TN 37821
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    Randy Bable
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