Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Tbd12 E Main Street Rogersville, TN 37857

    View on Map
    For Sale
    $795,000

    COMMERCIAL - Rogersville, TN

    Property size:
    1,510 SF
    Lot size:
    24.69 Acres
    Added:
    Aug 7, 2025
    Days on Market:
    238
    Last Refresh:
    Apr 1 at 6:06 am

    Property Features for Tbd12 E Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B-3/None
    Standard status
    Active
    APN
    088 071000 &088 071.00
    Size
    1,510 SF
    Lot size
    24.69 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    900

    Utilities

    Utilities
    Cable Available

    Building Details

    Year built
    1939
    Building materials
    Wood Siding
    Roof type
    Composition

    We can help!

    Listing Contact
    Cynthia Jackson
    Cynthia Jackson

    Listing agent Cynthia Jackson License #243977

    Listing office Cynthia Bundren Jackson Realty 1111 E Main Street, TN

    Listing date Aug 7, 2025

    MLS# 9984179

    Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Main Street Commercial Land Opportunity

    This is an opportunity to invest in 24.69 acres of commercial land with visibility and access on Main Street in Rogersville. The parcel includes 8.69 acres within the city limits, allowing access to municipal utilities and zoning benefits, while the remaining 16 acres are just outside the city, providing flexibility for development strategies. The property is zoned for commercial development and is suitable for retail, office, service businesses, mixed-use, or future investment. The topography is gently rolling. The location is near established businesses, schools, and residential areas. There is a house on the property that was formerly used as a rental income and could be restored. The property includes two parcels of land. The property size is 1510 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Rogersville
    County
    Hawkins
    State
    Tennessee
    Longitude
    -82.983238
    Latitude
    36.422951

    Nearby Similar for Sale

    • $389,000
      6,386 SF

      Versatile Commercial Property on 2.77 Acres

      Commercial property with warehouse, office spaces, and income-producing potential.
      5168 Highway 11w, Rogersville, TN 37857
      View Details
    • $380,000
      4,080 SF

      Versatile Commercial Building, Rogersville, TN

      Mixed-use commercial building with office, warehouse, and living space.
      362 Colonial Road, Rogersville, TN 37857
      View Details
    • $414,000
      7,620 SF

      Rogersville Commercial Building on Highway 66

      7,620 SF commercial building on 1.16 acres with high visibility.
      3825 S Highway 66, Rogersville, TN 37857
      View Details
    • $375,000
      1,920 SF

      Rogersville Commercial Opportunity on Highway

      Commercial building with highway frontage suitable for various business ventures.
      2123 Highway 70n, Rogersville, TN 37857
      View Details
    • $435,000
      5,400 SF

      Main Street Commercial Building, Rogersville

      Commercial building on Main Street with high traffic and fiber internet.
      500 W Main Street, Rogersville, TN 37857
      View Details
    • $349,000

      Versatile Land Parcel in Rogersville

      5.26-acre property suitable for residential or commercial development.
      Highway 11w, Rogersville, TN 37857
      View Details
    • $299,000
      2,600 SF

      Rogersville Storage Facility on 11W

      2-acre storage facility with expansion potential in Rogersville, Tennessee.
      7421 Highway 11 W, Rogersville, TN 37857
      View Details
    • $95,000

      Secluded Mountain Retreat Land

      6.24-acre wooded parcel with mountain views and homesite clearings.
      371 Pressmens Home Road, Rogersville, TN 37857
      View Details
    • $324,900

      Rogersville Commercial Opportunity

      Prime commercial land with high visibility and development potential.
      Tbd11 Highway 11 unit: Tbd11, Rogersville, TN 37857
      View Details
    • $169,000

      Commercial Lot in Historic Rogersville

      Cleared 1.6-acre commercial lot with business potential in Rogersville, TN.
      1504 E Main Street, Rogersville, TN 37857
      View Details
    • $45,350

      Land in Rogersville, Tennessee

      6-acre land parcel in Hawkins County, Tennessee.
      Tbd11 N Highway 66, Rogersville, TN 37857
      View Details
    • $169,180

      Historic Century Farm Opportunity

      30.76 acre Century Farm in Rogersville, Tennessee.
      Tract 2 Sandy Valley Road, Rogersville, TN 37857
      View Details

    FAQs

    What type of property is this?
    Commercial land - 24.69 acres of commercial land on Main Street.
    Where is this commercial land located?
    The property is located at Tbd12 E Main Street Rogersville, TN.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: Prime commercial land: **24.69 acres with excellent visibility and access on Main Street.**; Development flexibility: Combination of land inside and outside city limits allows for varied development strategies.; Municipal utilities and zoning benefits: **8.69 acres within city limits offer access to municipal utilities and zoning advantages.**
    (423) 754-3502
    We can help!
    Listing Contact
    Cynthia Jackson
    Cynthia Jackson
    Real Estate License ID: 243977
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!