Flex Space with
For Sale
$538,000
Pending
29 Crestview Drive, Dunlap, TN 37327
Commercial Sale, Dunlap, TN
Property Size5,250 SF
Lot Size0.71 Acres
Days on Market319
Property Features for 29 Crestview Drive
General Information
Property type
Commercial Sale
Property subtype
Office
Directions
..
Subdivision
Sequatchie Co., TN
Standard status
Pending
APN
004.45
Lot size
0.71 Acres
Taxes and HOA fees
Tax Annual Amount
2349
Utilities
Utilities
Electricity Available
Water source
Public
Amenities
kitchenette
bathroom
moveable walls
Building Details
Floors in Building
1
Building materials
Frame, Brick
Roof type
Metal
Listing Agency:
Century 21 Professional Group
(423) 949-7653
Listed By:
Pam Brown
(423) 605-8026
Added: Dec 4, 2025
Changed: Oct 16
Last Checked: Oct 19 at 9:06PM
MLS# 238708
Copyright © 2026 Upper Cumberland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 flex property includes two separate buildings on a 0.71-acre parcel. The front building measures 50 by 65 feet and is configured for office use, with a kitchenette, bathroom, cabinet storage, finished flooring, and one roll-up door. Interior partitions stop below the ceiling and can be relocated to adjust the layout. A rear 40-by-50-foot building provides warehouse space with two roll-up doors, plus a separate 400-square-foot heated and cooled area with a bathroom and shower.
The property fronts Hwy 28 and includes a concrete pad with utility hookups for a camper. Public water and electricity are available, and both structures have metal roofs with frame and brick construction materials.
The property fronts Hwy 28 and includes a concrete pad with utility hookups for a camper. Public water and electricity are available, and both structures have metal roofs with frame and brick construction materials.
Key Highlights
- Two‑building flex property on 0.71 acres along Hwy 28
- Front office building measures 50 by 65 feet
- Rear warehouse measures 40 by 50 feet and has two roll‑up doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,509
Cap Rate
9.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$990,180
$990.2K
Cap Rate 7%
$707,271
$707.3K
Cap Rate 9%
$550,100
$550.1K
Market Conditions
NOI Build-Up for 5,250 SF
Gross rent
$81.9K $15.60/SF
− Vacancy
−$5.7K −$1.09/SF
EGI
$76.2K $14.51/SF
− OpEx
−$26.7K −$5.08/SF
NOI
$49.5K $9.43/SF
Area
Sequatchie County, TN
Vacancy
7.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$990,180
Cap Rate 7%
$707,271
Cap Rate 9%
$550,100
Alternative Uses
Best Use
Office B
$860.6K
$753.1K – $1.00M
NOI $60,244 @ 7.0% cap · market cap 11.20%
Second Best
Flex RnD
$707.3K
$618.9K – $825.2K
NOI $49,509 @ 7.0% cap · market cap 9.20%
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $81,164 @ 7.0% cap · market cap 15.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37327, TN
12,412
Population
5,319
Households
2.3
Avg Household Size
43
Median Age
18%
College-Educated
81%
High-School Grad
191.4 sq mi
ZIP Area
65
Density / Sq Mi
$51,862
Median Household Income
$28,990
Median Earnings
$843
Median Rent
$217,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Two-building commercial property combines adaptable office space, warehouse functionality, and on-site utility access.
Where is this flex space located?
The property is located at 29 Crestview Drive Dunlap, TN.
What is the asking price?
The asking price for this property is $538,000.
What are key features of this property?
This property features: Two‑building flex property on 0.71 acres along Hwy 28; Front office building measures 50 by 65 feet; Rear warehouse measures 40 by 50 feet and has two roll‑up doors
