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    220 Central Ave LaFollette, TN 37766

    Sponsored
    For Sale
    $149,900

    Prime Location, High Traffic, Warehouse Included

    Property size:
    7,600 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 220 E Central Ave in LaFollette, TN, presents a unique investment opportunity. The two-story, 7,600 square foot concrete block building sits on a 0.46-acre lot in a high-traffic area of the city's main street. The ground floor boasts 2,000 square feet of office space, currently configured as a finance company, and is in move-in condition. This level features a large window display, ideal for showcasing products or services. Five on-street parking spaces are directly in front of the building, with additional parking available at the rear. The upper level provides 5,600 square feet of warehouse storage space, also constructed of concrete block. A loading ramp facilitates efficient loading and unloading. The warehouse requires roof repairs. The property includes 1.5 restrooms and a canopy sign. Accessibility features include handicap access. This property offers a blend of office and warehouse space, making it suitable for a variety of commercial uses. Its prime location and high traffic count ensure excellent visibility and accessibility for businesses. The asking price is $149,900.

    Property Features for 220 Central Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,600 SF
    Lot Size
    20,038 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Heights Finance Loan Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    LaFollette
    County
    Campbell County - 37
    State
    Tennessee
    Longitude
    -84.12076
    Latitude
    36.38176

    Nearby Comparable

    • $775,000
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      Mixed-Use Building in Downtown LaFollette

      Mixed-use building with retail space and apartments in LaFollette.
      101 E Central Ave, La Follette, TN 37766
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    • $979,500
      14,916 SF

      Historic Downtown La Follette Gem

      Mixed-use building, 14,916 sq ft, vacant.
      101 Central Ave, LaFollette, TN 37766
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    • $460,000
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      7,000 SF Steel Building

      7,000 SF steel building divided into two tenant spaces.
      207 W Central Ave, La Follette, TN 37766
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    • $138,500
      24.44 Acres

      Unrestricted Land with Mountain Views

      24+ acres near ATV trails, ideal for building.
      Doc Holw Off Lowes Br Rd, La Follette, TN 37766
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    Nearby Similar for Sale

    • $3,000,000
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      LaFollette Multi-Use Complex

      Versatile 40,000 SF Industrial Property
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    • $979,500
      14,916 SF

      Historic Downtown La Follette Gem

      Mixed-use building, 14,916 sq ft, vacant.
      101 Central Ave, LaFollette, TN 37766
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime Location, High Traffic, Warehouse Included
    Where is this commercial real estate located?
    The property is located at 220 Central Ave LaFollette, TN.
    What is the asking price?
    The asking price for this property is $149,900.
    (423) 566-0471
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    220 Central Ave LaFollette, TN 37766
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    Realmo Value Estimation

    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.

    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.

    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
    220 Central Ave LaFollette, TN 37766
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