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Renovated Mixed-Use Property

1-1320 Jacksboro Pike, La Follette, TN 37766

For Sale
Contact for pricing
Pending

The space combines private rooms with a waiting area, half bath, and kitchenette.

Property Size794 SF
Days on Market78

Property Features for 1-1320 Jacksboro Pike

General Information

Standard status Pending
Size 794 SF

Additional Details

Condition Turnkey
Road Access Yes
Property Use Office/Retail

Taxes and HOA fees

Annual Taxes $1,637

Amenities

waiting area
half bath
kitchenette
Listing Agency: Alco Builders & Realty Co
Listed By: Cameron McGhee
Source: Exprealty
Added: Aug 25 Changed: Nov 4 Last Checked: Nov 8 at 6:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alco Builders & Realty Co

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Investment Insights

Based on property information with market context.

This mixed-use property in La Follette has five offices or rooms, a waiting area, a half bath, and a kitchenette. Renovations include new siding, windows, HVAC, doors, flooring, and trim.

The building fronts a four-lane road, with more than 250 feet of frontage. 2025 TDOT traffic estimates exceed 25,000 vehicles per day.

Key Highlights

  • Five offices or rooms, plus a waiting area, half bath, and kitchenette
  • Renovations include siding, windows, HVAC, doors, floors, and trim
  • More than 250 feet of frontage on a four‑lane road

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$8,670
Suggested Prices Based on Cap Rates
Cap Rate 5%
$173,400 $173.4K
Cap Rate 7%
$123,857 $123.9K
Cap Rate 9%
$96,333 $96.3K
Market Conditions
NOI Build-Up for 794 SF
Gross rent
$15.2K $19.20/SF
− Vacancy
−$1.4K −$1.73/SF
EGI
$13.9K $17.47/SF
− OpEx
−$5.2K −$6.55/SF
NOI
$8.7K $10.92/SF
Area
Campbell County, TN
Vacancy
9.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$173,400
Cap Rate 7%
$123,857
Cap Rate 9%
$96,333

Alternative Uses

Best Use
Office B
$150.1K
$131.3K – $175.1K (±1% cap)
NOI $10,505 @ 7.0% cap
Second Best
Mixed Use
$123.9K
$108.4K – $144.5K (±1% cap)
NOI $8,670 @ 7.0% cap
Theoretical Best
Office A
$196.7K
$172.1K – $229.4K (±1% cap)
NOI $13,766 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office Real Estate Agency (Bike/Boat/Book/etc) Store Furniture & Home Goods Kitchen & Bath Showroom Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

117
Businesses Nearby

Demographics for 37766, TN

18,011
Population
9,721
Households
1.9
Avg Household Size
44
Median Age
12%
College-Educated
82%
High-School Grad
137.3 sq mi
ZIP Area
131
Density / Sq Mi
$46,692
Median Household Income
$31,379
Median Earnings
$747
Median Rent
$160,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The space combines private rooms with a waiting area, half bath, and kitchenette.
Where is this mixed-use property located?
The property is located at 1-1320 Jacksboro Pike La Follette, TN.
What are key features of this property?
This property features: Five offices or rooms, plus a waiting area, half bath, and kitchenette; Renovations include siding, windows, HVAC, doors, floors, and trim; More than 250 feet of frontage on a four‑lane road
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