Live-Work Property with Rear
New
For Sale
$249,999
219 Devonia Street, Harriman, TN 37748
Commercial Sale, Harriman, TN
Property Size1,423 SF
Lot Size0.35 Acres
Price / SF$175.68
Days on Market7
Property Features for 219 Devonia Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bathroom 2, Bathroom 1
Patio and Porch features
Patio, Deck
Directions
GPS: 219 Devonia St, Harriman, TN 37748-2006. From I-40, take the exit for Harriman. Follow signs to Devonia St. Property will be on your left/right. Look for YHSGR sign
Standard status
Active
APN
026F E 016.00
Size
1,423 SF
Lot size
0.35 Acres
Additional Details
Property Use
Office
Condition
Needs Renovation
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1030
Utilities
Heating system
Natural Gas, Heat Pump (Heating)
Water source
Public
Building Details
Year built
1950
Floors in Building
1
Flooring type
Hardwood
Building materials
Brick
Roof type
Asphalt
Buildings
2
Listing Agency:
Your Home Sold Guaranteed Realty TN
Listed By:
Tannor Giles
(865) 365-1670
Added: Oct 23
Changed: Oct 29
Last Checked: Oct 29 at 7:06PM
MLS# 12040227
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.
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Investment Insights
Based on property information with market context.
This mixed-use property in Harriman includes a commercial building and a separate residence at the rear of the lot. The commercial space needs repairs and is offered as-is; its interior features hardwood flooring, oak doors and trim, and a custom fireplace. The rear home has new LVP flooring and a new kitchen. The property was built in 1950 and sits on 0.35 acres.
Brick construction, public water, natural gas and heat pump heating, plus a patio and deck, are among the property’s physical features. Rental booking history is noted, and the property information describes potential office or residential use for the commercial building.
Brick construction, public water, natural gas and heat pump heating, plus a patio and deck, are among the property’s physical features. Rental booking history is noted, and the property information describes potential office or residential use for the commercial building.
Key Highlights
- Two separate buildings: commercial space and a rear residence
- 0.35‑acre lot in Harriman
- Commercial building requires repairs and is offered as‑is
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,826
Cap Rate
7.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$376,520
$376.5K
Cap Rate 7%
$268,943
$268.9K
Cap Rate 9%
$209,178
$209.2K
Market Conditions
NOI Build-Up for 1,423 SF
Gross rent
$29.9K $21.00/SF
− Vacancy
−$4.8K −$3.36/SF
EGI
$25.1K $17.64/SF
− OpEx
−$6.3K −$4.41/SF
NOI
$18.8K $13.23/SF
Area
Roane 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 Rate 5%
$376,520
Cap Rate 7%
$268,943
Cap Rate 9%
$209,178
Alternative Uses
Best Use
Office B
$268.9K
$235.3K – $313.8K
NOI $18,826 @ 7.0% cap · market cap 7.53%
Second Best
Mixed Use
$222.0K
$194.2K – $259.0K
NOI $15,539 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$352.4K
$308.4K – $411.2K
NOI $24,671 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A downtown Harriman site combines a repair-needed commercial space with a separate home behind it.
Where is this mixed-use property located?
The property is located at 219 Devonia Street 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: Two separate buildings: commercial space and a rear residence; 0.35‑acre lot in Harriman; Commercial building requires repairs and is offered as‑is
