Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Rogersville Commercial Space For Rent Title is generated by Realmo AI

    3815 Tennessee 66, Rogersville, TN 37857

    View on Map
    Claim this Listing
    New
    For Lease
    $1,549/Mo $12 SF/Yr (calc)

    COMMERCIAL - Rogersville, TN

    Property size:
    1,549 SF
    Lot size:
    2.37 Acres
    Added:
    May 14, 2026
    Days on Market:
    6
    Last Refresh:
    May 19 at 11:06 am

    Property Features for 3815 Tennessee 66

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    APN
    113 068.00
    Size
    1,549 SF
    Lot size
    2.37 Acres

    Taxes and HOA fees

    Tax Annual Amount
    14950

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2012

    We can help!

    Listing Contact
    Tyler Carver

    Listing agent Tyler Carver License #358163, 00225266014

    Listing office CENTURY 21 Legacy 414 Ashe Street, Johnson City, TN

    Listing date May 14, 2026

    MLS# 9995361

    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.

    HighLights

    • High‑traffic location with approximately 11,886 vehicles passing daily, providing exceptional visibility.
    • Turnkey opportunity for salon, grooming, or personal service businesses; currently configured as a barber shop.
    • Adaptable +/-1,549 SF commercial space with flexible layout.
    • Ownership is open to tenant improvements, allowing customization for specific business needs.
    • Strategically positioned just off State Route 66.
    • Built in 2012 with Central Air and Heat Pump.

    Overview

    This commercial space, totaling approximately 1,549 square feet, is strategically located just off State Route 66. Currently configured for a barber shop, it presents a turnkey opportunity for salon, grooming, or personal service businesses. The property benefits from high visibility due to a daily traffic count of approximately 11,886 vehicles. The adaptable layout and roadside presence make it suitable for businesses seeking long-term growth potential. The property is located in Rogersville, Tennessee, in Hawkins County, with a lot size of 2.37 acres. Ownership is open to tenant improvements, providing flexibility for tenants to customize the space to fit their operational needs and branding. The property's zoning is commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Rogersville
    County
    Hawkins
    State
    Tennessee
    Longitude
    -83.012916
    Latitude
    36.390268

    Nearby Similar for Lease

    • $375,000 SF/Yr
      2,310 SF

      Renovated Commercial Space in Rogersville

      Completely renovated office/retail space on East Main Street.
      309 E Main Street, Rogersville, TN 37857
      View Details
    • $6 SF/Yr
      10,000 SF

      Former Movie Theater For Lease

      Former movie theater space available for lease.
      1287 E Main St, Rogersville, TN
      View Details

    FAQs

    What type of property is this?
    Retail space - 1549 SF commercial space off State Route 66.
    Where is this retail space located?
    The property is located at 3815 Tennessee 66 Rogersville, TN.
    What is the lease rate?
    The lease rate is $1,549 /Mo.
    What are key features of this property?
    This property features: High‑traffic location with approximately 11,886 vehicles passing daily, providing exceptional visibility.; Turnkey opportunity for salon, grooming, or personal service businesses; currently configured as a barber shop.; Adaptable +/-1,549 SF commercial space with flexible layout.
    (423) 483-5311
    We can help!
    Listing Contact
    Tyler Carver
    Real Estate License ID: 358163, 00225266014
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3815 Tennessee 66, Rogersville, TN 37857
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!