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Restaurant and Market Property
New
For Sale
$1,100,000

200 Main Street, Caryville, TN 37714

Business Opportunity, Caryville, TN

Property Size4,000 SF
Lot Size0.50 Acres
Price / SF$275
Days on Market3

Property Features for 200 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning description Mixed Use
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 2, Bathroom 3
Security features Security System
View Park, City
Directions From Knoxville Tennessee, North I-75 to exit 134 Caryville, Left on Joe Heatherly BLVD, Left on Main Street, Property is fourth business on the right. No SOP. No solicitating sales in person or during hours of business
Standard status Active
APN 120J A 036.00
Size 4,000 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Annual Amount 259

Utilities

Heating system Heat Pump (Heating)
Water source Public

Amenities

CBI security system
office
exterior storage building
dedicated owner loading area

Building Details

Year built 2024
Floors in Building 1
Building materials Stone, HardiPlank Type
Roof type Metal
Listing Agency: eXp Realty LLC
Listed By: Michael Cutali · License #358251
Added: Oct 12 Changed: Oct 14 Last Checked: Oct 14 at 11:06AM
MLS# 12024507

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2024, this 4,000-square-foot commercial property combines a breakfast and lunch restaurant with a specialty market. The sale includes the real estate, operating business, furniture, fixtures, equipment, goodwill, and inventory. Interior features include epoxy-coated concrete floors, a commercial vent hood with fire suppression, a refrigerated deli case, an office, two public restrooms, and an employee restroom. A side roll-up door connects to a dedicated owner loading area, and an exterior storage building provides additional space. The building also has a metal roof and a Goodman HVAC system with three condensers.

At 200 Main Street in Caryville, the property sits near Exit 134 on I-75. A BP Travel Center is steps away, with several hotels, Dollar General, and Liquor Barn within one mile. Cove Lake State Park is 1.3 miles away, and Twin Cove Marina is 4.3 miles away. The property is also along the route to Ride Royal Blue, Cross Mountain, and the North Cumberland OHV Trail System.

Key Highlights

  • 2024 construction; 4,000 square feet
  • Sale includes real estate, operating business, restaurant equipment, furniture, fixtures, goodwill, and inventory
  • Breakfast and lunch restaurant paired with a specialty market

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$67,041
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,340,820 $1.3M
Cap Rate 7%
$957,729 $957.7K
Cap Rate 9%
$744,900 $744.9K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$93.6K $23.40/SF
− Vacancy
−$4.2K −$1.05/SF
EGI
$89.4K $22.35/SF
− OpEx
−$22.3K −$5.59/SF
NOI
$67.0K $16.76/SF
Area
Campbell County, TN
Vacancy
4.50%
Lease Rate
$23.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,340,820
Cap Rate 7%
$957,729
Cap Rate 9%
$744,900

Alternative Uses

Best Use
Specialty Retail
$957.7K
$838.0K – $1.12M (±1% cap)
NOI $67,041 @ 7.0% cap · market cap 6.09%
Second Best
Retail
$820.8K
$718.2K – $957.6K (±1% cap)
NOI $57,456 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$990.7K
$866.9K – $1.16M (±1% cap)
NOI $69,350 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Parts Store Electrical Service Plumbing Service Storage Facility Kitchen & Bath Showroom (Bike/Boat/Book/etc) 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

Turnkey business
Opportunity
Yes
Highway access
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby
20k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 56% Shops & Services 44%
Shoney's Dining
11,542 visits/mo 0.3 miles
BP Shops & Services
8,944 visits/mo 0.2 miles

Demographics for 37714, TN

4,352
Population
2,096
Households
2.1
Avg Household Size
43
Median Age
10%
College-Educated
84%
High-School Grad
64.4 sq mi
ZIP Area
68
Density / Sq Mi
$53,431
Median Household Income
$38,475
Median Earnings
$862
Median Rent
$192,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The sale includes an established food business, restaurant equipment, and the commercial real estate.
Where is this mixed-use property located?
The property is located at 200 Main Street Caryville, TN.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 2024 construction; 4,000 square feet; Sale includes real estate, operating business, restaurant equipment, furniture, fixtures, goodwill, and inventory; Breakfast and lunch restaurant paired with a specialty market
More about this property
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