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

    204 College St Trenton, TN 38382

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $88,900

    3,451 sq ft building, prime Trenton location.

    Property size:
    3,451 SF

    Property Features for 204 College St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,451 SF

    Building Details

    Year Built
    1963

    We can help!

    Listing Contact
    Connie Sansing

    Listing Agency: EXIT Realty Blues City Listing Agent: Connie Sansing

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

    Learn more

    Property Insight Report

    Overview

    This exceptional commercial property, located at 204 S College Street in Trenton, Tennessee, presents a unique investment opportunity. The building boasts a substantial 3,451 square feet of space, offering ample room for a variety of commercial ventures. Its location on South College Street places it within easy reach of Trenton's bustling commercial district, ensuring high visibility and accessibility for potential customers. The property sits on a lot with no acreage listed, making it ideal for a business that doesn't require extensive outdoor space. Priced competitively at $88,900, this property represents a significant value for its size and location. The building's current configuration is described as "Other," suggesting a versatile interior that can be adapted to suit a wide range of business needs. This presents a blank canvas for entrepreneurs seeking a space to establish their operations or for investors looking for a strong return on investment. The absence of any specific details regarding the interior layout or existing features allows for maximum flexibility in terms of renovation and customization. Serious inquiries are encouraged to explore the full potential of this promising commercial property. The property is ready for immediate occupancy, allowing for a swift start to any business venture. Don't miss this chance to acquire a well-positioned commercial space in a thriving Tennessee community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    SAFETSTAR INC & VETSCITY ... Business Service Center

    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
    Trenton
    County
    Gibson
    State
    Tennessee
    Longitude
    -88.94204
    Latitude
    35.97945

    Nearby Similar for Sale

    • $489,900
      3,721 SF

      Income-Producing Trenton Quadplex For Sale

      Turnkey quadplex with reliable tenants and recent updates.
      218 E 8Th St, Trenton, TN 38382
      View Details
    • $129,000
      2,466 SF

      Historic Trenton Triplex Opportunity

      Income-producing triplex or single-family conversion near downtown Trenton.
      518 S College St, Trenton, TN 38382
      View Details
    • $99,900
      1,634 SF

      Trenton Duplex with Tenant Income

      Duplex in Trenton, TN with tenants in place.
      109 S Church St, Trenton, TN 38382
      View Details
    • Contact for pricing
      55,500 SF

      Trenton Industrial Property for Sale

      55,500 SF industrial property in Trenton, Tennessee.
      1301 Us Highway 45 Byp N, Trenton, TN 38382
      View Details
    • $2,500,000
      28,404 SF

      Prime Trenton Commercial Property

      Large lot, high-traffic location, ideal for redevelopment.
      665 College St, Trenton, TN 38382
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 3,451 sq ft building, prime Trenton location.
    Where is this commercial real estate located?
    The property is located at 204 College St Trenton, TN.
    What is the asking price?
    The asking price for this property is $88,900.
    (731) 554-3948
    Request Owner's contact information
    204 College St Trenton, TN 38382
    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.
    204 College St
    Trenton, TN 38382
    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
    204 College St Trenton, TN 38382
    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
    Connie Sansing
    (731) 554-3948
    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!