Office/Warehouse Flex
29 Crestview Drive Dunlap, TN 37327
29 Crestview Drive, Dunlap, TN, 37327
$538,000
Pending
For Sale
$538,000
Pending
SINGLE_FAMILY - Dunlap, TN
Property Size7,250 SF
Lot Size0.71 Acres
Days on Market229
Property Features for 29 Crestview Drive
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Pending
- APN
- 004.45
- Lot size
- 0.71 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2349
Utilities
- Utilities
- Electricity Available
- Water source
- Public
Building Details
- Floors in Building
- 1
- Building materials
- Frame, Brick
- Roof type
- Metal
Listing agency
Century 21 Professional Group
(423) 949-7653
Listed by
Pam Brown · License #281871
(423) 605-8026
Added: Dec 4, 2025 Updated: Jun 16 at 4:39PM Checked: Jul 21 at 4:06PM
MLS# 238708
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.
Prime commercial property consisting of two buildings on a 0.71-acre lot. The front building measures 50 by 65 and is set up as an office for approximately 8–12 employees, with a kitchenette, bathroom, upgraded flooring, and ample cabinet space. A roll-up door is included, and the interior wall layout is flexible, with walls not built to the ceiling and described as moveable for adaptable space division.
The back building measures 40 by 50 and functions as a warehouse, with two roll-up doors. It also includes a separate 400-square-foot heated and cooled area with a bathroom that features a shower. The property is described as being in excellent condition and move-in-ready.
A concrete pad on site includes utility hookups for a camper, adding additional practical outdoor/utility utility support to the property.
The back building measures 40 by 50 and functions as a warehouse, with two roll-up doors. It also includes a separate 400-square-foot heated and cooled area with a bathroom that features a shower. The property is described as being in excellent condition and move-in-ready.
A concrete pad on site includes utility hookups for a camper, adding additional practical outdoor/utility utility support to the property.
Key Highlights
- Two buildings on 0.71 acre lot on Hwy 28.
- Front building offers office space for 8‑12 employees with kitchenette, bathroom, and roll‑up door.
- Back building features a warehouse with two roll‑up doors and a 400 sqft heated/cooled area including a bathroom and shower.
Local Financial Insights For Warehouse
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 | $53.9k | $7.44 |
| − Vacancy | −$1.9k | −$0.26 |
| EGI | $52.1k | $7.18 |
| − OpEx | −$7.8k | −$1.08 |
| NOI | $44.2k | $6.10 |
7,250 SF · lease $7.44/SF/yr · vacancy 3.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.19M
$1.04M – $1.39M
NOI $83,194 @ 7.0% cap · market cap 15.46%
Second Best
Flex RnD
$976.7K
$854.6K – $1.14M
NOI $68,369 @ 7.0% cap · market cap 12.71%
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M
NOI $112,084 @ 7.0% cap · market cap 20.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Two connected commercial buildings include office space with roll-up door access and a warehouse with heated, cooled area.
Where is this flex space located?
The property is located at 29 Crestview Drive Dunlap, TN.
What is the asking price?
The asking price for this property is $538,000.
What are key features of this property?
This property features: Two buildings on 0.71 acre lot on Hwy 28.; Front building offers office space for 8‑12 employees with kitchenette, bathroom, and roll‑up door.; Back building features a warehouse with two roll‑up doors and a 400 sqft heated/cooled area including a bathroom and shower.
