Like-New Office
15279 Rankin Avenue Dunlap, TN 37327
15279 Rankin Avenue, Dunlap, TN, 37327
$220,000
For Sale
$220,000
SINGLE_FAMILY - Dunlap, TN
Property Size1,510 SF
Price / SF$145.70
Days on Market15
Property Features for 15279 Rankin Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- Size
- 1,510 SF
Taxes and HOA fees
- Tax Annual Amount
- 0
Building Details
- Year built
- 1985
- Floors in Building
- 1
- Building materials
- Block, Brick, Vinyl Siding
Listing agency
Century 21 Professional Group
(423) 949-7653
Listed by
Pam Brown · License #281871
(423) 605-8026
Added: Jul 7 Updated: Jul 8 at 5:59PM Checked: Jul 21 at 11:06AM
MLS# 235301
Copyright © 2026 Upper Cumberland 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 like-new office suite offers approximately 1,510 square feet of enclosed workspace. The layout includes a full bath and a full kitchen, providing practical utility for day-to-day operations. Recent updates include newer paint, an HVAC unit, and updated flooring.
Located at 15279 Rankin Avenue in Dunlap, Tennessee, the property is positioned for businesses seeking dedicated office space within the Sequatchie County area.
For buyers looking for a move-in-ready office configuration with key in-suite amenities already in place, this property’s updated condition is a strong starting point.
Located at 15279 Rankin Avenue in Dunlap, Tennessee, the property is positioned for businesses seeking dedicated office space within the Sequatchie County area.
For buyers looking for a move-in-ready office configuration with key in-suite amenities already in place, this property’s updated condition is a strong starting point.
Key Highlights
- 1510 sq ft of office space
- Full bath and full kitchen included
- Like new condition with newer paint, HVAC unit, and flooring
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 7.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$333.5K
$291.8K – $389.1K
NOI $23,344 @ 7.0% cap · market cap 10.61%
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 1,510 sq. ft. office space with a full bath and full kitchen, updated paint, flooring, and HVAC.
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 $220,000.
What are key features of this property?
This property features: 1510 sq ft of office space; Full bath and full kitchen included; Like new condition with newer paint, HVAC unit, and flooring
