Renovated Mixed-Use Office
For Sale
Contact for pricing
1320 Jacksboro Pike 1 LaFollette Unit 1, La Follette, TN 37766
Five separate rooms are complemented by a waiting area, half bath, and kitchenette.
Property Size794 SF
Price / SF$1.51
Days on Market66
Property Features for 1320 Jacksboro Pike 1 LaFollette Unit 1
General Information
Standard status
Active
Size
794 SF
Property subtype
COMMERCIAL
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Condition
Turnkey
Office Units
1
Property Use
Office/Retail
Amenities
5 offices/rooms
waiting area
half bath
kitchenette
Building Details
Building Size
794 SF
Listing Agency:
Alco Builders & Realty Co
Listed By:
Cameron McGhee
(423) 494-0740
Source:
Alcobuildersandrealty
Added: Aug 26
Changed: Oct 26
Last Checked: Oct 26 at 2:18PM
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 Alco Builders & Realty Co
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use suite provides five offices or rooms, along with a waiting area, a half bath, and a kitchenette. Renovations include new siding, windows, HVAC, doors, flooring, and trim.
The property fronts a four-lane road with more than 250 feet of frontage. 2025 TDOT estimates place daily traffic above 25,000 vehicles.
The property fronts a four-lane road with more than 250 feet of frontage. 2025 TDOT estimates place daily traffic above 25,000 vehicles.
Key Highlights
- Five offices or rooms, plus a waiting area
- Half bath and kitchenette within the suite
- Renovations include siding, windows, HVAC, doors, floors, and trim
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,670
Suggested Prices Based on Cap Rates
Cap Rate 5%
$173,400
$173.4K
Cap Rate 7%
$123,857
$123.9K
Cap Rate 9%
$96,333
$96.3K
Market Conditions
NOI Build-Up for 794 SF
Gross rent
$15.2K $19.20/SF
− Vacancy
−$1.4K −$1.73/SF
EGI
$13.9K $17.47/SF
− OpEx
−$5.2K −$6.55/SF
NOI
$8.7K $10.92/SF
Area
Campbell County, TN
Vacancy
9.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$173,400
Cap Rate 7%
$123,857
Cap Rate 9%
$96,333
Alternative Uses
Best Use
Office B
$150.1K
$131.3K – $175.1K
NOI $10,505 @ 7.0% cap · market cap 875.42%
Second Best
Mixed Use
$123.9K
$108.4K – $144.5K
NOI $8,670 @ 7.0% cap · market cap 722.50%
Theoretical Best
Office A
$196.7K
$172.1K – $229.4K
NOI $13,766 @ 7.0% cap · market cap 1,147.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
351
Businesses Nearby
Explore this area
Business Placement
Demographics for 37766, TN
18,011
Population
9,721
Households
1.9
Avg Household Size
44
Median Age
12%
College-Educated
82%
High-School Grad
137.3 sq mi
ZIP Area
131
Density / Sq Mi
$46,692
Median Household Income
$31,379
Median Earnings
$747
Median Rent
$160,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Five separate rooms are complemented by a waiting area, half bath, and kitchenette.
Where is this mixed-use property located?
The property is located at 1320 Jacksboro Pike 1 LaFollette Unit 1 La Follette, TN.
What are key features of this property?
This property features: Five offices or rooms, plus a waiting area; Half bath and kitchenette within the suite; Renovations include siding, windows, HVAC, doors, floors, and trim
