Storefront Retail
For Sale
$299,900
3033 Highway 126, Blountville, TN 37617
COMMERCIAL - Blountville, TN
Property Size1,505 SF
Lot Size0.34 Acres
Price / SF$199.27
Days on Market100
Property Features for 3033 Highway 126
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B4
Directions
Take Exit 66 for TN-126 toward Blountville/Bristol. At the end of the ramp, turn right onto TN-126 W (Memorial Blvd/Blountville Hwy) toward Blountville. Continue on Highway 126 for approximately 7-8 miles. Arrive at 3033 Highway 126, Blountville, TN 37617.
Subdivision
107 - Blountville
Standard status
Active
APN
051o B 030.00
Size
1,505 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Annual Amount
619
Utilities
Sewer type
Septic Tank
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1962
Building materials
Block, Brick
Roof type
Shingle, Rubber
Listing Agency:
The Addington Agency Bristol
(423) 845-5800
Listed By:
Garrett Addington · License #337697
(423) 646-1060
Added: May 15
Changed: Aug 4
Last Checked: Aug 22 at 6:06AM
MLS# 9995435
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.
Investment Insights
Based on property information with market context.
This storefront retail building is currently operating as a flooring store and features a flexible B4 zoning designation. The building is constructed with block and brick and was built in 1962. Heating and cooling are provided by a heat pump system. The roof is described as rubber and shingle, with public water and a septic tank sewer system serving the property.
Situated at 3033 Highway 126 in Blountville, the property is positioned just off Hwy 126 and benefits from visibility along a heavily traveled corridor. The layout is described as highly functional with easy access, making the space suitable for a range of commercial concepts depending on tenant needs.
The site sits on a 0.34-acre lot and can be considered for owner-user or investor use, with the existing retail setup and B4 zoning supporting a variety of storefront, office, showroom, and service-oriented applications.
Situated at 3033 Highway 126 in Blountville, the property is positioned just off Hwy 126 and benefits from visibility along a heavily traveled corridor. The layout is described as highly functional with easy access, making the space suitable for a range of commercial concepts depending on tenant needs.
The site sits on a 0.34-acre lot and can be considered for owner-user or investor use, with the existing retail setup and B4 zoning supporting a variety of storefront, office, showroom, and service-oriented applications.
Key Highlights
- B4 zoning for a flexible range of commercial uses
- 0.34‑acre lot at 3033 Highway 126 in Blountville
- Currently operating as a flooring store
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,253
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.75%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$465,060
$465.1K
Cap Rate 7%
$332,186
$332.2K
Cap Rate 9%
$258,367
$258.4K
Market Conditions
NOI Build-Up for 1,505 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$34.7K $23.04/SF
− Vacancy
−$1.5K −$0.97/SF
EGI
$33.2K $22.07/SF
− OpEx
−$10.0K −$6.62/SF
NOI
$23.3K $15.45/SF
Area
Sullivan County, TN
Vacancy
4.20%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$465,060
Cap Rate 7%
$332,186
Cap Rate 9%
$258,367
Alternative Uses
Best Use
Retail
$332.2K
$290.7K – $387.6K
NOI $23,253 @ 7.0% cap · market cap 7.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$563.6K
$493.2K – $657.5K
NOI $39,452 @ 7.0% cap · market cap 13.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
204
Businesses Nearby
21k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Burger King
Dining
13,411 visits/mo
0.5 miles
Los Jalapenos
Dining
7,306 visits/mo
0.1 miles
Demographics for 37617, TN
14,422
Population
6,188
Households
2.3
Avg Household Size
47
Median Age
25%
College-Educated
87%
High-School Grad
58.4 sq mi
ZIP Area
247
Density / Sq Mi
$65,069
Median Household Income
$36,906
Median Earnings
$841
Median Rent
$225,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding storefront currently used as a flooring store with B4 zoning.
Where is this storefront property located?
The property is located at 3033 Highway 126 Blountville, TN.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: B4 zoning for a flexible range of commercial uses; 0.34‑acre lot at 3033 Highway 126 in Blountville; Currently operating as a flooring store
