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    310 Highway 25 E Newport, TN 37821

    Sponsored
    For Sale
    Under Contract
    $349,999

    COMMERCIAL - Newport, TN

    Property size:
    2,876 SF
    Lot size:
    0.46 Acres
    Days on Market:
    7
    Last Refresh:
    Jan 20 at 10:06 am

    Property Features for 310 Highway 25 E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Security features
    Security System
    Window features
    Double Pane Windows
    Zoning
    Commercial
    APN
    004.00
    Parking
    20
    Exterior features
    Lighting, Storage
    Fencing
    Chain Link
    Size
    2,876 SF
    Lot size
    0.46 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump, Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    2014
    Floors in Building
    1
    Flooring type
    Carpet, Vinyl, Concrete
    Building materials
    Metal Siding
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Burlin Allen

    RE/MAX BEtween the Lakes - Dandridge (865) 397-8990 [email protected]

    Listing agent Burlin Allen (865) 621-1776

    Listing date Jan 14, 2026

    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

    Commercial Property with Machine Shop

    This commercial property presents numerous possibilities, having been operated as a machine shop for years. The main building spans 2000 square feet (40x50) with 20-foot ceilings and two (14x16) roll-up doors facilitating drive-through equipment access. It features 3-phase power and is plumbed for air compressors. Attached is a 300 square foot (15x20) office space with a half bath and storage. Behind the main building, there is a 1-bedroom, 1-bath living quarters with a full kitchen, living room, and storage, measuring 16x36. The property is situated minutes from Newport, Morristown, Interstates 40 & 81, and directly across the road from Newport's new industrial complex. The TDOT average daily traffic count in 2024 exceeds 7000. The location offers easy access to the Smoky Mountains and Douglas Lake. The property is located on 0.46 acres. Given the absence of boat repair services in the area, this could be a potential business use. Newport is experiencing growth, presenting an opportunity to establish a business in this location. The property size is 2876 square feet. The price covers the real estate and buildings only. The seller is retiring.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Spa & Massage Building Supply Hair Salon Wholesale Shop Auto Repair Shop Nail Salon Hotel & Motel Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Cocke
    State
    Tennessee
    Longitude
    -83.219231
    Latitude
    35.985677

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    FAQs

    What type of property is this?
    Manufacturing property - Commercial property with machine shop, living quarters, and high potential.
    Where is this manufacturing property located?
    The property is located at 310 Highway 25 E Newport, TN.
    What is the asking price?
    The asking price for this property is $349,999.
    What are key features of this property?
    This property features: - Prime commercial location, minutes from Newport, Morristown, Interstates 40 & 81, and directly across from Newport's New Industrial Complex.; - High traffic volume: TDOT Avg Traffic Daily Count in 2024 over 7000.; - Main building features 2000 sq ft (40x50) with 20 ft ceilings and two (14x16) roll-up doors.
    (865) 621-1776
    Request Owner's contact information
    310 Highway 25 E Newport, TN 37821
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    310 Highway 25 E
    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
    310 Highway 25 E Newport, TN 37821
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    We can help!
    Listing Contact
    Burlin Allen
    (865) 621-1776
    Learn more
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