Building Details

Building Size 368 SF

Listing Agency: Alco Builders & Realty Co

Listed By: Cameron McGhee Show Phone

Source: Alcobuildersandrealty

Added: Aug 26 Changed: Oct 26 Last Checked: Oct 26 at 3:22PM

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This mixed-use unit has an open interior and has received updates to its siding, windows, HVAC, doors, flooring, and trim. The improvements provide a refreshed base for a range of business configurations.

The property fronts a four-lane road with more than 250 feet of frontage. A 2025 TDOT estimate places daily traffic at over 25,000 vehicles. The address is 1320 Jacksboro Pike in LaFollette, Tennessee.

Key Highlights

• More than 250 feet of frontage along a four‑lane road
• 2025 TDOT traffic estimate: over 25,000 vehicles daily
• Renovations include siding, windows, HVAC, doors, floors, and trim

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$4,019

Suggested Prices Based on Cap Rates

Cap Rate 5%

$80,380 $80.4K

Cap Rate 7%

$57,414 $57.4K

Cap Rate 9%

$44,656 $44.7K

What to ask about pricing

Market Conditions

NOI Build-Up for 368 SF

Gross rent

$7.1K $19.20/SF

− Vacancy

−$636 −$1.73/SF

EGI

$6.4K $17.47/SF

− OpEx

−$2.4K −$6.55/SF

NOI

$4.0K $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%

$80,380

Cap Rate 7%

$57,414

Cap Rate 9%

$44,656

Alternative Uses

Best Use

Retail

$75.5K

$66.1K – $88.1K (±1% cap)

NOI $5,286 @ 7.0% cap · market cap 660.75%

Second Best

Mixed Use

$57.4K

$50.2K – $67.0K (±1% cap)

NOI $4,019 @ 7.0% cap · market cap 502.38%

Theoretical Best

Office A

$91.1K

$79.8K – $106.3K (±1% cap)

NOI $6,380 @ 7.0% cap · market cap 797.50%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Locksmith Storage Facility Furniture & Home Goods Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

351

Businesses Nearby

99k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 33% Shops & Services 33% Apparel 19% Dining 15%

Food City Groceries

25,910 visits/mo 0.5 miles

Bealls Apparel

18,679 visits/mo 0.5 miles

Murphy USA Shops & Services

16,986 visits/mo 0.3 miles

Bojangles' Famous Chicken 'n Biscuits Dining

9,799 visits/mo 0.3 miles

Shell Shops & Services

7,948 visits/mo 0.4 miles

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 Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - An open interior and updated building systems provide a flexible setting for business operations.

Where is this mixed-use property located?

The property is located at 1320 Jacksboro Pike 2 LaFollette Unit 2 La Follette, TN.

What are key features of this property?

This property features: More than 250 feet of frontage along a four‑lane road; 2025 TDOT traffic estimate: over 25,000 vehicles daily; Renovations include siding, windows, HVAC, doors, floors, and trim