Live-Work Property with Rear
New
For Sale
Contact for pricing
219 Devonia St, Harriman, TN 37748
The main building needs repairs, while a separate residence at the rear has updated flooring and a new kitchen.
Property Size2,023 SF
Price / SF$123.58
Days on Market3
Property Features for 219 Devonia St
General Information
Standard status
Active
Size
2,023 SF
Property subtype
OFFICE
Property Condition
Severity
Repairs Needed
Evidence
fixer-upper
Additional Details
Condition
Needs Renovation
Building Details
Buildings
2
Listing Agency:
Your Home Sold Guaranteed Realty
(865) 365-2280
Listed By:
Jacob Price · License #338140
(865) 454-7828
Source:
Moodyscre
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 2:20PM
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 Your Home Sold Guaranteed Realty
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Investment Insights
Based on property information with market context.
This live-work property in Harriman includes a 2,023-square-foot main building and a separate home behind it. The main building requires repairs and is being sold as-is. Interior details include oak doors and frames and a custom fireplace; the space may serve as an office or be returned to residential use.
The rear residence has new LVP flooring and a new kitchen. The property is described as unrestricted and is located in downtown Harriman.
The rear residence has new LVP flooring and a new kitchen. The property is described as unrestricted and is located in downtown Harriman.
Key Highlights
- 2,023‑square‑foot main building with a separate home behind it
- Main building requires repairs; property is being sold as‑is
- Oak doors and frames, plus a custom fireplace, in the main building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,091
Cap Rate
8.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,820
$441.8K
Cap Rate 7%
$315,586
$315.6K
Cap Rate 9%
$245,456
$245.5K
Market Conditions
NOI Build-Up for 2,023 SF
Gross rent
$38.8K $19.20/SF
− Vacancy
−$3.5K −$1.73/SF
EGI
$35.3K $17.47/SF
− OpEx
−$13.3K −$6.55/SF
NOI
$22.1K $10.92/SF
Area
Roane 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%
$441,820
Cap Rate 7%
$315,586
Cap Rate 9%
$245,456
Alternative Uses
Best Use
Office B
$382.3K
$334.6K – $446.1K
NOI $26,764 @ 7.0% cap · market cap 10.71%
Second Best
Mixed Use
$315.6K
$276.1K – $368.2K
NOI $22,091 @ 7.0% cap · market cap 8.84%
Theoretical Best
Office A
$501.1K
$438.4K – $584.6K
NOI $35,074 @ 7.0% cap · market cap 14.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
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Business Placement
Demographics for 37748, TN
17,227
Population
8,208
Households
2.1
Avg Household Size
45
Median Age
20%
College-Educated
87%
High-School Grad
106.6 sq mi
ZIP Area
162
Density / Sq Mi
$58,649
Median Household Income
$40,155
Median Earnings
$760
Median Rent
$173,600
Median Home Value
Check the figures for this property
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Live-work space - The main building needs repairs, while a separate residence at the rear has updated flooring and a new kitchen.
Where is this live-work space located?
The property is located at 219 Devonia St Harriman, TN.
What is the asking price?
The asking price for this property is $249,999.
What are key features of this property?
This property features: 2,023‑square‑foot main building with a separate home behind it; Main building requires repairs; property is being sold as‑is; Oak doors and frames, plus a custom fireplace, in the main building
