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Interstate Location in Tennessee
For Sale
$3,900,000

1300 Shellmound Rd, Jasper, TN 37347

Excellent location near the river, suitable for various commercial uses.

Property Size15,000 SF
Price / SF$260
Days on Market349

Property Features for 1300 Shellmound Rd

General Information

Standard status Active
Size 15,000 SF

Building Details

Year Built 1990
Listing Agency: FICKEN COMMERICAL REAL ESTATE
Listed By: Kenneth Ficken 4044889441 · License #GA177043
Source: Sumnercountyhomelistings
Added: Nov 8, 2025 Changed: Oct 1 Last Checked: Oct 23 at 7:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FICKEN COMMERICAL REAL ESTATE

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Investment Insights

Based on property information with market context.

This property, located in Jasper, Tennessee, offers a strategic interstate location. Situated just three miles from the river, the site encompasses 14,000 square feet. The property is suitable for various commercial real estate purposes, including self-storage facilities, industrial properties, and mixed-use developments.

Key Highlights

  • Best interstate location in Tennessee
  • Three miles from the river
  • Built in 1990

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$165,600
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,312,000 $3.3M
Cap Rate 7%
$2,365,714 $2.4M
Cap Rate 9%
$1,840,000 $1.8M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$288.0K $19.20/SF
− Vacancy
−$23.0K −$1.54/SF
EGI
$265.0K $17.66/SF
− OpEx
−$99.4K −$6.62/SF
NOI
$165.6K $11.04/SF
Area
Marion County, TN
Vacancy
8.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,312,000
Cap Rate 7%
$2,365,714
Cap Rate 9%
$1,840,000

Alternative Uses

Best Use
Mixed Use
$2.37M
$2.07M – $2.76M (±1% cap)
NOI $165,600 @ 7.0% cap · market cap 4.25%
Second Best
Self Storage
$1.84M
$1.61M – $2.15M (±1% cap)
NOI $128,898 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$3.31M
$2.90M – $3.86M (±1% cap)
NOI $231,898 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Self storage facilities

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 37347, TN

8,280
Population
3,996
Households
2.1
Avg Household Size
44
Median Age
19%
College-Educated
87%
High-School Grad
48.9 sq mi
ZIP Area
169
Density / Sq Mi
$57,854
Median Household Income
$36,734
Median Earnings
$798
Median Rent
$141,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Self storage facility - Excellent location near the river, suitable for various commercial uses.
Where is this self storage facility located?
The property is located at 1300 Shellmound Rd Jasper, TN.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Best interstate location in Tennessee; Three miles from the river; Built in 1990
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