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Auto Service Shop with Four Bays
New
For Sale
$899,900

1946 Highway 11e, Jonesborough, TN 37659

Commercial Sale, Jonesborough, TN

Property Size3,900 SF
Lot Size1.03 Acres
Price / SF$230.74
Days on Market1

Property Features for 1946 Highway 11e

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-3
Directions GPS Friendly. From Greeneville, travel highway 11E to Jonesborough, business will be on the right. From Jonesborough traveling 11E towards Greeneville, business will be on the left. Big yellow building ''AAA Dynamic Auto & Truck Service Inc.'' You can also type business name into GPS.
Subdivision 309 - Jonesborough/The Ridges Subdiv
Standard status Active
APN 059 146.00 & 059 145.00
Size 3,900 SF
Lot size 1.03 Acres

Additional Details

Real Estate Included Yes
Automotive Uses auto repair

Taxes and HOA fees

Tax Annual Amount 1570

Utilities

Sewer type Septic Tank
Heating system Natural Gas, Oil
Cooling system Ceiling Fan(s)
Water source Public

Building Details

Year built 1984
Building materials Block
Roof type Metal
Buildings 1
Listing Agency: KW Johnson City · Keller Williams Realty
Listed By: Chelsea Fulk · License #374312
Added: Oct 28 Last Checked: Oct 28 at 7:06PM
MLS# 10002658

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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 3,900-square-foot automotive shop has four service bays and lifts. The property includes an additional commercial lot and totals 1.03 acres. Block construction and a metal roof define the building’s exterior; heating is provided by natural gas and oil, with ceiling fans for cooling.

Located along Highway 11E in Jonesborough, the property is zoned B-3. Public water and a septic system serve the site.

Key Highlights

  • 3,900‑square‑foot automotive shop with four service bays
  • Lifts are installed in the shop
  • Additional commercial lot; property totals 1.03 acres

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$61,012
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,220,240 $1.2M
Cap Rate 7%
$871,600 $871.6K
Cap Rate 9%
$677,911 $677.9K
Market Conditions
NOI Build-Up for 3,900 SF
Gross rent
$89.9K $23.04/SF
− Vacancy
−$2.7K −$0.69/SF
EGI
$87.2K $22.35/SF
− OpEx
−$26.1K −$6.70/SF
NOI
$61.0K $15.64/SF
Area
Washington County, TN
Vacancy
3.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,220,240
Cap Rate 7%
$871,600
Cap Rate 9%
$677,911

Alternative Uses

Best Use
Retail
$871.6K
$762.7K – $1.02M (±1% cap)
NOI $61,012 @ 7.0% cap · market cap 6.78%
Second Best
Industrial
$335.2K
$293.3K – $391.1K (±1% cap)
NOI $23,464 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$1.64M
$1.44M – $1.92M (±1% cap)
NOI $115,128 @ 7.0% cap · market cap 12.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Auto shops

Lease Details

4
Service bays
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

45
Businesses Nearby
Well-served
Demand for This Use

Demographics for 37659, TN

29,313
Population
12,798
Households
2.3
Avg Household Size
45
Median Age
29%
College-Educated
92%
High-School Grad
126.9 sq mi
ZIP Area
231
Density / Sq Mi
$69,765
Median Household Income
$40,962
Median Earnings
$1,034
Median Rent
$241,700
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

Similar Off Market Nearby

  • Autotek automotive — 2057 Hwy 11 E, Jonesborough, TN 37659
  • A Dynamic Auto & Truck Services — 1946 Hwy 11 E, Jonesborough, TN 37659

Frequently Asked Questions

What type of property is this?
Auto shop - B-3-zoned property includes a separate commercial lot along Highway 11E.
Where is this auto shop located?
The property is located at 1946 Highway 11e Jonesborough, TN.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: 3,900‑square‑foot automotive shop with four service bays; Lifts are installed in the shop; Additional commercial lot; property totals 1.03 acres
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