Dunlap Office Space with
15279 Rankin Avenue Dunlap, TN 37327
15279 Rankin Avenue, Dunlap, TN, 37327
$199,000
For Sale
$199,000
COMMERCIAL - Dunlap, TN
Property Size1,510 SF
Lot Size0.11 Acres
Price / SF$131.79
Days on Market299
Property Features for 15279 Rankin Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- Commercial
- Appliances
- Electric Range, Microwave, Refrigerator
- Standard status
- Active
- Size
- 1,510 SF
- Lot size
- 0.11 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1985
- Flooring type
- Laminate
- Building materials
- Block, Brick Veneer
- Roof type
- Metal
Listing Agency
Century 21 Professional Group
(423) 949-7653
16875 Rankin Ave., TN
Listed by
Pamela Brown · License #281871
(423) 605-8026
Added: Sep 22, 2025 Checked: Jul 17 at 2:06 pm
MLS# 20254478
Copyright © 2026 River Counties 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.
Investment Insights
Based on property information with market context.
This property offers 1510 square feet of office space. The interior features newer paint, flooring, and an HVAC unit. It includes a full bathroom and a full kitchen. The property is zoned commercial and is located in Dunlap, Tennessee. The lot size is 0.11 acres.
Key Highlights
- Like‑new 1510 sq ft office space.
- Includes a full bath and full kitchen.
- Newer HVAC unit, flooring, and paint.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.2k | $18.00 |
| − Vacancy | −$4.1k | −$2.70 |
| EGI | $23.1k | $15.30 |
| − OpEx | −$5.8k | −$3.82 |
| NOI | $17.3k | $11.48 |
1,510 SF · lease $18.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$247.5K
$216.6K – $288.8K
NOI $17,327 @ 7.0% cap · market cap 8.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$333.5K
$291.8K – $389.1K
NOI $23,344 @ 7.0% cap · market cap 11.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Like-new 1510 sq ft office with kitchen and bath.
Where is this office units located?
The property is located at 15279 Rankin Avenue Dunlap, TN.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Like‑new 1510 sq ft office space.; Includes a full bath and full kitchen.; Newer HVAC unit, flooring, and paint.
