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

    6804 York Hwy Clarkrange, TN 38553

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,100,000

    Prime 30,000 sq ft warehouse, 5.5 acres, multiple homes.

    Property size:
    30,000 SF

    Property Features for 6804 York Hwy

    General Information

    Property type
    Investment properties
    Square Feet
    30,000 SF
    Lot Size
    240,016 SF

    Building Details

    Year Built
    1972

    We can help!

    Listing Contact
    Kim Orr
    Kim Orr

    Listing Agency: Home Touch Realty Listing Agent: Kim Orr

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

    Learn more

    Property Insight Report

    Overview

    This exceptional investment opportunity encompasses a substantial 30,000 square foot warehouse situated on a generous 5.51-acre lot in Clarkrange, Tennessee. The property boasts a strategic location, offering convenient access to Interstate 40 in Crossville (approximately 30 minutes away) and the Kentucky state line (40 minutes away). The warehouse itself is a turnkey operation, featuring a loading dock equipped with two overhead doors for efficient loading and unloading. Inside, you'll find climate-controlled units, recently installed within the past 5-7 years, ensuring optimal storage conditions. The property also includes three newer mobile homes, adding to its versatility and potential uses. The expansive lot is fully fenced, providing excellent security, and features a large parking area. Its corner location provides two road frontages, enhancing accessibility and visibility. Further enhancing the property's functionality is a retention pond complete with an irrigation pump. The absence of zoning restrictions presents a unique opportunity for a wide range of commercial and industrial ventures. This well-maintained property, formerly a CBD facility, represents a rare combination of size, location, and potential, making it an ideal investment for discerning buyers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Zelle Farms Food Processing Plant Whole Health CBD Association / Organization

    Suggested Use

    Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Pharmacy Department Store Food Market Grocery & Convenience Store Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarkrange
    County
    Fentress County, TN
    State
    Tennessee
    Longitude
    -85.02145
    Latitude
    36.19312

    Nearby Similar for Sale

    • Contact for pricing
      4,641 SF

      Clarkrange Commercial Property For Sale

      Commercial property suitable for office, restaurant, or retail use.
      6853 S York Hwy, Clarkrange, TN 38553
      View Details

    FAQs

    What type of property is this?
    Investment property - Prime 30,000 sq ft warehouse, 5.5 acres, multiple homes.
    Where is this investment property located?
    The property is located at 6804 York Hwy Clarkrange, TN.
    What is the asking price?
    The asking price for this property is $1,100,000.
    (931) 879-4663
    Request Owner's contact information
    6804 York Hwy Clarkrange, TN 38553
    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.
    6804 York Hwy
    Clarkrange, TN 38553
    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
    6804 York Hwy Clarkrange, TN 38553
    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
    Kim Orr
    Kim Orr
    Real Estate License ID: 362293
    (931) 879-4663 (810) 334-9848
    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!