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    16000 State Route 111 Spencer, TN 38583

    For Sale
    $499,900

    SINGLE_FAMILY - Spencer, TN

    Type:Office
    Property size:
    4,707 SF
    Lot size:
    1.90 Acres
    Days on Market:
    126
    Last Refresh:
    Dec 15 at 2:06 am

    Property Features for 16000 State Route 111

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    Zoning
    Commercial
    APN
    033.00
    Accessibility
    Accessible Approach with Ramp
    Size
    4,707 SF
    Lot size
    1.90 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1980
    Floors in Building
    1
    Building materials
    Frame, Brick
    Roof type
    Flat

    Highlands Elite Real Estate, LLC (931) 400-8820 [email protected]

    Listing agent Andrea Dyer Greene (931) 239-4700

    Listing date Aug 12, 2025

    Copyright © 2025 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.

    Overview

    Commercial Building on State Route

    This well-maintained, all-brick commercial building offers 4,707 square feet of conditioned space on a 1.9-acre lot. The building features multiple offices, men's and women's restrooms, a kitchenette, a breakroom, and open flex space. The property includes ample parking with 81 spaces and multiple points of ingress and egress. It has over 350 feet of frontage on State Route TN 111. The property is located approximately 27 miles south of Cookeville, Tennessee, and approximately 1 hour north of Chattanooga, Tennessee.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Law Firm Spa & Massage Wholesale Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Pharmacy Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Van Buren
    State
    Tennessee
    Longitude
    -85.458601
    Latitude
    35.757456

    Nearby Similar for Sale

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    • $179,000
      1,600 SF

      Versatile Commercial Building in Spencer, TN

      Commercial building with versatile uses in historic Spencer, Tennessee.
      138 College St, Spencer, TN 38585
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    • $239,000
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      Mixed-Use Space on Highway 111

      Mixed-use property with highway visibility, suitable for various businesses.
      205 Mccoy St, Spencer, TN 38585
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    • $1,690,000
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      Prime TN Retail Investment

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      250 Taft Dr, Spencer, TN 38585
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    FAQs

    What type of property is this?
    Office building - Well-maintained commercial building with ample parking and highway frontage.
    Where is this office building located?
    The property is located at 16000 State Route 111 Spencer, TN.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Well-maintained, all-brick commercial building with **4,707+\/- sf of conditioned space.**; - Ample parking with **81 spaces** and multiple points of ingress/egress.; - **Excellent frontage with over 350 feet** along State Route TN 111.
    (931) 239-4700
    Request Owner's contact information
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    Spencer, TN 38583
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    Realmo Value Estimation

    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.

    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.

    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
    16000 State Route 111 Spencer, TN 38583
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