Renovated Standalone Office
New
For Sale
Contact for pricing
356 S Charles G Seivers Blvd, Clinton, TN 37716
The interior offers reception space, a conference room, three offices, a kitchen, a bathroom, and a shower.
Property Size1,839 SF
Price / SF$352.91
Days on Market6
Property Features for 356 S Charles G Seivers Blvd
General Information
Standard status
Active
Size
1,839 SF
Property subtype
OFFICE
Building Details
Year Renovated
2024
Buildings
1
Tenancy
Single
Listing Agency:
Wallace Commercial
(865) 690-1111
Listed By:
Chris Bruce
(865) 309-2100
Source:
Moodyscre
Added: Oct 12
Changed: Oct 16
Last Checked: Oct 16 at 2:26PM
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 Wallace Commercial
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Investment Insights
Based on property information with market context.
This 1,839-square-foot standalone office building was renovated in 2023/2024, with a new roof and HVAC. Its layout includes a large reception and office area, a conference room, three offices, a kitchen, a bathroom, a shower, and an electrical closet with washer and dryer connections.
The property is in Clinton, across the street from McDonald’s, and has additional parking behind the building.
The property is in Clinton, across the street from McDonald’s, and has additional parking behind the building.
Key Highlights
- 1,839‑square‑foot standalone office building
- Renovated in 2023/2024 with a new roof and HVAC
- Interior includes reception area, conference room, and three offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,330
Cap Rate
3.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,600
$486.6K
Cap Rate 7%
$347,571
$347.6K
Cap Rate 9%
$270,333
$270.3K
Market Conditions
NOI Build-Up for 1,839 SF
Gross rent
$38.6K $21.00/SF
− Vacancy
−$6.2K −$3.36/SF
EGI
$32.4K $17.64/SF
− OpEx
−$8.1K −$4.41/SF
NOI
$24.3K $13.23/SF
Area
Anderson 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%
$486,600
Cap Rate 7%
$347,571
Cap Rate 9%
$270,333
Alternative Uses
Best Use
Office B
$347.6K
$304.1K – $405.5K
NOI $24,330 @ 7.0% cap · market cap 3.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$455.5K
$398.6K – $531.4K
NOI $31,884 @ 7.0% cap · market cap 4.91%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
374
Businesses Nearby
Explore this area
Business Placement
Demographics for 37716, TN
25,920
Population
11,461
Households
2.3
Avg Household Size
44
Median Age
20%
College-Educated
94%
High-School Grad
83.5 sq mi
ZIP Area
310
Density / Sq Mi
$61,250
Median Household Income
$40,713
Median Earnings
$887
Median Rent
$220,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The interior offers reception space, a conference room, three offices, a kitchen, a bathroom, and a shower.
Where is this office building located?
The property is located at 356 S Charles G Seivers Blvd Clinton, TN.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 1,839‑square‑foot standalone office building; Renovated in 2023/2024 with a new roof and HVAC; Interior includes reception area, conference room, and three offices
