Short-Term Rental
11710 Nashville Highway, Baxter, TN 38544
For Sale
$249,929
Commercial Sale, Baxter, TN
Property Size1,300 SF
Lot Size1.09 Acres
Price / SF$192.25
Days on Market95
Property Features for 11710 Nashville Highway
General Information
Property type
Property subtype
Parking features
Basement
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Currently Operating
Taxes and HOA fees
Tax Annual Amount
Utilities
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Building materials
Roof type
Listing Agency:
Skender-Newton Realty
Listed By:
Heather Skender-Newton · License TN #272220
(931) 261-9001
Added: Aug 7
Changed: Oct 30
Last Checked: Nov 9 at 7:06PM
MLS# 246341
Copyright © 2026 Upper Cumberland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This short-term rental property includes 1,300 square feet on 1.09 acres and was built in 1950. The structure features frame construction with metal siding, a metal roof, central heating and central air conditioning. Public water and electricity are available, while paved or surfaced parking supports the existing use.
The property is located in Baxter, Tennessee, near I-40, Cordell Hull Lake, and Center Hill Lake. That setting places boating, fishing, recreation, dining, and shopping within the surrounding area. The property is currently operating as an Airbnb guest accommodation and is also described as suitable for residential use or an income-producing operation. A 13-month home warranty is included.
The property is located in Baxter, Tennessee, near I-40, Cordell Hull Lake, and Center Hill Lake. That setting places boating, fishing, recreation, dining, and shopping within the surrounding area. The property is currently operating as an Airbnb guest accommodation and is also described as suitable for residential use or an income-producing operation. A 13-month home warranty is included.
Key Highlights
- 1,300‑square‑foot property on 1.09 acres
- Currently operating as an Airbnb short‑term rental
- Built in 1950 with frame construction and metal siding
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,794
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$255,880
$255.9K
Cap Rate 7%
$182,771
$182.8K
Cap Rate 9%
$142,156
$142.2K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$25.0K $19.20/SF
− Vacancy
−$1.7K −$1.31/SF
EGI
$23.3K $17.89/SF
− OpEx
−$10.5K −$8.05/SF
NOI
$12.8K $9.84/SF
Area
Putnam County, TN
Vacancy
6.80%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$255,880
Cap Rate 7%
$182,771
Cap Rate 9%
$142,156
Alternative Uses
Best Use
Apartment 5plus
$182.8K
$159.9K – $213.2K
NOI $12,794 @ 7.0% cap · market cap 5.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$536.5K
$469.5K – $626.0K
NOI $37,557 @ 7.0% cap · market cap 15.03%
Zoning and permitted uses should be independently verified with authorities.
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Trade Area within ½ mile
8
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Demographics for 38544, TN
7,435
Population
3,327
Households
2.2
Avg Household Size
40
Median Age
16%
College-Educated
85%
High-School Grad
79.2 sq mi
ZIP Area
94
Density / Sq Mi
$66,801
Median Household Income
$42,188
Median Earnings
$904
Median Rent
$222,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - Currently operating as an Airbnb short-term rental near I-40, Cordell Hull Lake, and Center Hill Lake.
Where is this short term rental property located?
The property is located at 11710 Nashville Highway Baxter, TN.
What is the asking price?
The asking price for this property is $249,929.
What are key features of this property?
This property features: 1,300‑square‑foot property on 1.09 acres; Currently operating as an Airbnb short‑term rental; Built in 1950 with frame construction and metal siding
