Live-Work Office and
1165 Towe String Rd Jacksboro, TN 37757
New
1165 Towe String Rd, Jacksboro, TN, 37757
$374,500
For Sale
$374,500
MULTI_FAMILY - Jacksboro, TN
Property Size2,576 SF
Price / SF$145.38
Days on Market3
Property Features for 1165 Towe String Rd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Rooms
- Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 4
- Parking features
- Off Street
- Security features
- Security Alarm
- Interior features
- Walk-In Closet(s), Pantry
- Exterior features
- Windows - Vinyl, Detached Workshop, Handicap Accessible
- Accessibility
- Accessible Approach with Ramp
- Appliances
- Dryer, Microwave, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 110L B 06100 000
- Size
- 2,576 SF
Taxes and HOA fees
- Tax Annual Amount
- 903
Utilities
- Heating system
- Central, Heat Pump (Heating), Electric (Heating)
- Cooling system
- Ceiling Fan(s), Central Air
Building Details
- Year built
- 1989
- Number of units
- 2
- Flooring type
- Vinyl, Carpet
- Building materials
- Vinyl Siding, Brick, Block
- Roof type
- Shingle
- Additional Structures
- Workshop
Listing Agency
Ridge Real Estate LLC
(423) 562-5454
1165 Towe String Road Suite A, Jacksboro, TN
Listed by
N. Marie Ayers · License #288620
(423) 562-5454
Added: Jul 18 Updated: Jul 20 at 1:08 pm Checked: Jul 20 at 8:06 pm
MLS# 1348783
Listing URL
Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This live-work property combines a commercial office area with a residential apartment in the same building. The office side includes a waiting area, reception area, three separate offices, a full kitchen, and a half bath, along with a large storage room and space to complete a full bath with some renovation work. The apartment side features three bedrooms and two full bathrooms, including a large living room, kitchen/dining area with multiple pantries, a laundry room with extra storage, and a master bedroom with a walk-in closet and ensuite bath. Major appliances are noted as conveyable, and the office and apartment roofs are described as recently serviced, with other HVAC and water-heater updates completed within the last year.
The units have separate water and electric meters and share a septic system. The front of the building to the road is paved with no steps to access the property, and a drainage grate runs along the entire front. An extra-large storage building to the left includes a ramp for easy dolly access.
The property is currently described as being utilized by a real estate and heating and air business, and the deed is stated to restrict operation of real estate and heating/air businesses at the site. Buyer and/or buyer’s agent should verify all information to their satisfaction prior to closing.
The units have separate water and electric meters and share a septic system. The front of the building to the road is paved with no steps to access the property, and a drainage grate runs along the entire front. An extra-large storage building to the left includes a ramp for easy dolly access.
The property is currently described as being utilized by a real estate and heating and air business, and the deed is stated to restrict operation of real estate and heating/air businesses at the site. Buyer and/or buyer’s agent should verify all information to their satisfaction prior to closing.
Key Highlights
- Mixed‑use setup: commercial real estate office (~1,120 sq. ft.) plus a residential 3‑bedroom, 2‑bath apartment
- Office features include waiting/reception area, 3 separate offices, full kitchen, and half bath (with room to complete a full bath)
- Residential side offers a large living room, kitchen/dining with multiple pantries, walk‑in closets in the master and 2nd bedroom, and in‑unit laundry with extra storage
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.1k | $21.00 |
| − Vacancy | −$8.7k | −$3.36 |
| EGI | $45.4k | $17.64 |
| − OpEx | −$11.4k | −$4.41 |
| NOI | $34.1k | $13.23 |
2,576 SF · lease $21.00/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$486.9K
$426.0K – $568.0K
NOI $34,080 @ 7.0% cap · market cap 9.10%
Second Best
Mixed Use
$401.9K
$351.6K – $468.8K
NOI $28,130 @ 7.0% cap · market cap 7.51%
Theoretical Best
Office A
$638.0K
$558.3K – $744.4K
NOI $44,662 @ 7.0% cap · market cap 11.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Ridge Real Estate ...
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Two-meter live-work building with separate office and 3-bedroom apartment, plus paved, step-free frontage.
Where is this live-work space located?
The property is located at 1165 Towe String Rd Jacksboro, TN.
What is the asking price?
The asking price for this property is $374,500.
What are key features of this property?
This property features: Mixed‑use setup: commercial real estate office (~1,120 sq. ft.) plus a residential 3‑bedroom, 2‑bath apartment; Office features include waiting/reception area, 3 separate offices, full kitchen, and half bath (with room to complete a full bath); Residential side offers a large living room, kitchen/dining with multiple pantries, walk‑in closets in the master and 2nd bedroom, and in‑unit laundry with extra storage
