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

    405 Jackson St Tullahoma, TN 37388

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $299,900

    Charming 1,500 sq ft office, 0.34 acre lot.

    Property size:
    1,500 SF

    Property Features for 405 Jackson St

    General Information

    Property type
    Office properties & Spaces
    Square Feet
    1,500 SF
    Lot Size
    14,810 SF

    Building Details

    Year Built
    1928

    We can help!

    Listing Contact
    Christy Vickers Lewis

    Listing Agency: Century 21 Coffee County Realty & Auction Listing Agent: Christy Vickers Lewis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This versatile 1,500 square foot building located at 405 S Jackson St, Tullahoma, TN, presents a unique investment opportunity. Situated on a 0.34-acre lot, the property boasts original hardwood floors in excellent condition, showcasing its inherent character. Previously used as a church, the building is currently zoned for commercial use, offering a wide range of potential applications. However, the zoning can be converted to residential if desired, providing flexibility for future development. The property is being sold in "as-is" condition. While the listed square footage is 1,500 square feet, potential buyers are encouraged to conduct their own measurements to verify the space. This property is ideal for those seeking a unique building with significant potential for adaptation and redevelopment in a desirable Tullahoma location. The asking price is $299,900. Serious inquiries only. The property's history and current zoning provide a solid foundation for a variety of commercial or residential ventures. Its central location in Tullahoma offers easy access to local amenities and transportation routes. Don't miss this chance to acquire a property with substantial upside.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office properties & Spaces

    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
    Tullahoma
    County
    Coffee County, TN
    State
    Tennessee
    Longitude
    -86.20735
    Latitude
    35.35772

    Nearby Similar for Sale

    • Contact for pricing

      Spacious Church Building For Sale

      Versatile church with large sanctuary and multi-use rooms.
      965 Gourdneck Rd NW, Tullahoma, TN 37388
      View Details
    • $699,900
      3,528 SF

      Tullahoma Office Building Investment

      Two-unit office building, leased through 2027.
      125 Ledford Mill Rd, Tullahoma, TN 37388
      View Details
    • $999,500
      0.36 Acres

      Downtown Tullahoma Restaurant - For Sale

      Established Restaurant, Turn-Key Operation, Historic Building
      210 Lincoln St, Tullahoma, TN 37388
      View Details
    • $1,400,000
      6,196 SF

      Downtown Tullahoma Restaurant & Bar

      Turn-key restaurant & event space. High traffic location.
      122 Lincoln St, Tullahoma, TN 37388
      View Details
    • Contact for pricing

      Specialty Property For Sale

      Specialty property available for purchase in Tullahoma, Tennessee.
      1507 N Jackson St, Tullahoma, TN 37388
      View Details
    • $399,900
      0.89 Acres

      Tullahoma Mixed-Use Investment Opportunity

      Prime location, high visibility, multi-property package.
      112 Anderson St, Tullahoma, TN 37388
      View Details
    • $315,000
      1,536 SF

      Tullahoma Mixed-Use Commercial Property

      Prime Tullahoma location, high-traffic area.
      412 Lincoln St, Tullahoma, TN 37388
      View Details
    • $1,699,900
      8,800 SF

      Tullahoma Mixed-Use Investment Opportunity

      High-yield mixed-use property with strong tenant.
      151 Freeman St, Tullahoma, TN 37388
      View Details
    • $159,900
      2.80 Acres

      Tullahoma Land - Great Potential

      2.8-acre commercial lot, city utilities.
      1201 Jackson St, Tullahoma, TN 37388
      View Details
    • $2,000,000
      19.69 Acres

      Tullahoma Commercial Land Opportunity

      19.69 Acres, C2 Zoning, Prime Location
      Jackson St, Tullahoma, TN 37388
      View Details
    • $399,000
      574,992 SF

      Tullahoma Mixed-Use Investment Opportunity

      13.2-Acre Mobile Home Park, Priced to Sell
      3490 New Manchester Hwy, Tullahoma, TN 37388
      View Details
    • $1,250,000
      239,580 SF

      Tullahoma Commercial Land Opportunity

      High-traffic corner lot, 5.5 acres, development potential.
      700 William Northern Blvd, Tullahoma, TN 37388
      View Details

    FAQs

    What type of property is this?
    Office property - Charming 1,500 sq ft office, 0.34 acre lot.
    Where is this office property located?
    The property is located at 405 Jackson St Tullahoma, TN.
    What is the asking price?
    The asking price for this property is $299,900.
    (931) 728-2800
    Request Owner's contact information
    405 Jackson St Tullahoma, TN 37388
    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.
    405 Jackson St
    Tullahoma, TN 37388
    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
    405 Jackson St Tullahoma, TN 37388
    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

    We can help!
    Listing Contact
    Christy Vickers Lewis
    (931) 728-2800 (931) 808-8322
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!