Office Building with Expansion
For Sale
Contact for pricing
735 N Charles G Seivers Blvd, Clinton, TN 37716
B-2-zoned office property with on-site parking and additional land for future improvements.
Property Size1,696 SF
Lot Size0.44 Acres
Price / SF$206.37
Days on Market17901
Property Features for 735 N Charles G Seivers Blvd
General Information
Standard status
Active
Size
1,696 SF
Lot size
0.44 Acres
Property subtype
OFFICE
Zoning
B-2
Listing Agency:
Rocky Top Realty
Listed By:
Tera Jones · License #298989
(865) 498-0183
Source:
Moodyscre
Added: Sep 5, 1977
Changed: Sep 7
Last Checked: Sep 8 at 10:23AM
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 Rocky Top Realty
Investment Insights
Based on property information with market context.
This office building contains 1,696 square feet on approximately 0.44 acre. The property includes a flexible interior layout, on-site parking, and additional land that may support future improvements, subject to applicable zoning and approvals. Clinton City zoning is B-2.
Located at 735 N Charles G Seivers Blvd in Clinton, Tennessee, the property is positioned for office, professional, medical, service, or other commercial applications identified in the listing information. Its configuration combines an existing office facility with parking and surplus land, providing a practical setup for an owner-user or other commercial occupant.
Located at 735 N Charles G Seivers Blvd in Clinton, Tennessee, the property is positioned for office, professional, medical, service, or other commercial applications identified in the listing information. Its configuration combines an existing office facility with parking and surplus land, providing a practical setup for an owner-user or other commercial occupant.
Key Highlights
- 1,696‑square‑foot office building
- Approximately 0.44 acre
- Clinton City B‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,438
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$448,760
$448.8K
Cap Rate 7%
$320,543
$320.5K
Cap Rate 9%
$249,311
$249.3K
Market Conditions
NOI Build-Up for 1,696 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$35.6K $21.00/SF
− Vacancy
−$5.7K −$3.36/SF
EGI
$29.9K $17.64/SF
− OpEx
−$7.5K −$4.41/SF
NOI
$22.4K $13.23/SF
Area
Anderson County, TN
Vacancy
16.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$448,760
Cap Rate 7%
$320,543
Cap Rate 9%
$249,311
Alternative Uses
Best Use
Office B
$320.5K
$280.5K – $374.0K
NOI $22,438 @ 7.0% cap · market cap 6.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$420.1K
$367.6K – $490.1K
NOI $29,405 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Explore this area
Business Placement
Demographics for 37716, TN
25,920
Population
11,461
Households
2.3
Avg Household Size
44
Median Age
20%
College-Educated
94%
High-School Grad
83.5 sq mi
ZIP Area
310
Density / Sq Mi
$61,250
Median Household Income
$40,713
Median Earnings
$887
Median Rent
$220,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - B-2-zoned office property with on-site parking and additional land for future improvements.
Where is this office building located?
The property is located at 735 N Charles G Seivers Blvd Clinton, TN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,696‑square‑foot office building; Approximately 0.44 acre; Clinton City B‑2 zoning
