Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Greeneville Commercial Space For Rent Title is generated by Realmo AI

    1112 Tusculum Boulevard, Greeneville, TN 37745

    View on Map
    Claim this Listing
    For Lease
    $1,600/Mo $16 SF/Yr (calc)

    COMMERCIAL - Greeneville, TN

    Property size:
    1,200 SF
    Lot size:
    1.51 Acres
    Added:
    Apr 3, 2026
    Days on Market:
    43
    Last Refresh:
    May 15 at 7:06 am

    Property Features for 1112 Tusculum Boulevard

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    A-1
    Standard status
    Active
    APN
    099b A 001.00
    Size
    1,200 SF
    Lot size
    1.51 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5812

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating), Central, Hot Water(Heating)
    Cooling system
    Heat Pump
    Water source
    Public

    Building Details

    Year built
    1954
    Building materials
    Masonite, Stone
    Roof type
    Asphalt

    We can help!

    Listing Contact
    Jake Bird

    Listing agent Jake Bird License #353794

    Listing office Hurd Realty, LLC 110 KLM Drive Suite 1, Johnson City, TN

    Listing date Apr 3, 2026

    MLS# 9993345

    Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location with super high traffic count, ideal for attracting customers.
    • 1200 sq ft of finished space suitable for medical, insurance, real estate, or retail businesses.
    • Includes a full‑size kitchen, two bathrooms, storage space, and a covered carport.
    • Three entrances offer flexible access and potential for separate areas.
    • Landlord provides plumbing, electrical, and HVAC maintenance, reducing tenant responsibilities.
    • Move‑in ready condition or modification options available with the right lease terms.

    Overview

    This commercial space in Greeneville, Tennessee, offers 1200 square feet suitable for medical, insurance, real estate, or retail purposes. The property benefits from a prime location with high traffic. The finished space includes a full-size kitchen, two bathrooms, storage, and three entrances, along with a covered carport. The space is move-in ready, but modifications are possible with the right lease terms. A 3-5 year lease is available at $1600 per month, with an increase in the second year. The landlord provides plumbing, electrical, and HVAC maintenance. The property is located on a 1.51-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant 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
    Greeneville
    County
    Greene
    State
    Tennessee
    Longitude
    -82.806368
    Latitude
    36.169061

    Nearby Similar for Lease

    • $1,000/Mo
      2,394 SF

      Versatile Warehouse in Greeneville, TN

      2,394 sq ft warehouse with garage door and ramp.
      110 Austin Street, Greeneville, TN 37745
      View Details
    • $5,000/Mo
      1,160 SF

      Greeneville Retail/Office/Warehouse Space Available

      Retail, office, showroom, and warehouse space for lease.
      403 W Summer Street, Greeneville, TN 37743
      View Details
    • $450,000 SF/Yr
      1,160 SF

      Greeneville Commercial Space Available

      Retail, office, showroom, and warehouse space for sale/lease.
      403 W Summer Street, Greeneville, TN 37743
      View Details
    • $3,000/Mo
      1,656 SF

      Downtown Greeneville Retail Space Available

      Large open retail space in downtown Greeneville with ample parking.
      210 W Church Street, Greeneville, TN 37745
      View Details
    • Contact for pricing
      25,000 SF

      Retail Suites in East Gate Center

      Multiple retail suites available for lease in Greeneville, TN.
      839 Tusculum Blvd , Greeneville, TN
      View Details
    • Contact for pricing
      13,850 SF

      Spacious Warehouse Near I-81

      13,850 SF warehouse on 4.3 acres near I-81.
      11085 Baileyton Rd, Greeneville, TN
      View Details
    • Contact for pricing
      6,900 SF

      Retail Space on Highway 11E

      Retail space with ample parking on a busy highway.
      1465-1515 E Andrew Johnson Hwy, Greeneville, TN
      View Details
    • Contact for pricing
      3,467 SF

      Retail Space in Greeneville Center

      Retail space in a power center with strong anchor tenants.
      1317-1353 Tusculum Blvd, Greeneville, TN
      View Details
    • Contact for pricing

      Parking Lot on Highway

      Parking lot with 510 spaces on busy highway.
      1477 E Andrew Johnson Hwy, Greeneville, TN
      View Details
    • Contact for pricing
      4,032 SF

      East Gate Retail Suites Available

      Multiple suites for lease in busy shopping center.
      839 Tusculum Blvd, Greeneville, TN 37745
      View Details

    FAQs

    What type of property is this?
    Office units - 1200 sq ft office space in prime location.
    Where is this office units located?
    The property is located at 1112 Tusculum Boulevard Greeneville, TN.
    What is the lease rate?
    The lease rate is $1,600 /Mo.
    What are key features of this property?
    This property features: Prime location with super high traffic count, ideal for attracting customers.; 1200 sq ft of finished space suitable for medical, insurance, real estate, or retail businesses.; Includes a full‑size kitchen, two bathrooms, storage space, and a covered carport.
    (423) 791-0856
    We can help!
    Listing Contact
    Jake Bird
    Real Estate License ID: 353794
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    1112 Tusculum Boulevard, Greeneville, TN 37745
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!