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    307 S Depot St Rogersville, TN 37857

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    For Sale
    $900,000

    Expansive property with multiple income streams and growth potential.

    Property size:
    32,220 SF
    Lot size:
    1.38 Acres

    Property Features for 307 S Depot St

    General Information

    Size
    32,220 SF
    Lot size
    1.38 Acres

    Source: TCI Group-Jerry Petzoldt Agency LLC Agent Ryan Ketron

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

    Overview

    Versatile Property with Income Potential

    This expansive property offers over 30,000 square feet of versatile space with multiple income streams and room for growth. The property is currently owner-occupied by a church utilizing three separate areas, including a newly renovated reception hall. Additional uses on-site include a daycare and a thrift store. The property features eight long-term tenants and three vacant units ideal for lease-up, presenting a strong value-add opportunity. The property is perfect for another religious organization or an investor seeking stable cash flow with upside potential. The current owner has also made quite a few capital improvements including multiple brand new HVAC units. The property is located in Rogersville, TN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    GVM Child Care ... Day Care Center Greater Vision Ministries Church Renfro B Baird ... Attorney Southland Business Services, ... Tax Preparation Riner Solutions Cleaning Products Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rogersville
    County
    Hawkins
    State
    Tennessee
    Longitude
    -83.00606
    Latitude
    36.404655

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    FAQs

    What type of property is this?
    Church & religious facility - Expansive property with multiple income streams and growth potential.
    Where is this church & religious facility located?
    The property is located at 307 S Depot St Rogersville, TN.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - High CAP rate opportunity with existing net income of $79,838.; - 30% vacancy rate offers significant value-add potential through lease-up.; - Versatile property with over 30,000 square feet suitable for multiple income streams.
    (423) 429-8619
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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
    307 S Depot St Rogersville, TN 37857
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