Jasper, TN Commercial
4354 Main St, Jasper, TN 37347
For Sale
Contact for pricing
2166 SF commercial space in Jasper, Tennessee.
Property Size2,166 SF
Price / SF$103.88
Days on Market252
Property Features for 4354 Main St
General Information
Standard status
Size
Class
Property subtype
Zoning
Building Details
Year Built
Buildings
Stories
Listing Agency:
Re/Max Horizon Elite LLC
Listed By:
Melissa Hubbard · License TN #352509
(423) 637-0492
Source:
Crexi
Added: Mar 4
Changed: Oct 26
Last Checked: Nov 8 at 8:58AM
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 Re/Max Horizon Elite LLC
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Investment Insights
Based on property information with market context.
Located in Jasper, Tennessee, this Class C property offers 2166 square feet of open space, including a restroom and storage. The building's potential uses include a laundromat, coffee house, storefront, warehouse, storage facility, gym, restaurant, or office space. The property is move-in ready and features a light-colored exterior, large front windows providing ample light, and a concrete slab floor. Situated across from the courthouse and county square, the location benefits from high traffic volume.
Key Highlights
- High‑traffic location across from the courthouse and county square
- Move‑in ready with 2166 sq ft of open space, including a restroom and storage
- Versatile space suitable for various businesses: laundry mat, coffee house, storefront, warehouse, storage, gym, restaurant, or office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,157
Cap Rate
8.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,140
$403.1K
Cap Rate 7%
$287,957
$288.0K
Cap Rate 9%
$223,967
$224.0K
Market Conditions
NOI Build-Up for 2,166 SF
Gross rent
$28.6K $13.20/SF
− Vacancy
−$1.7K −$0.79/SF
EGI
$26.9K $12.41/SF
− OpEx
−$6.7K −$3.10/SF
NOI
$20.2K $9.31/SF
Area
Marion County, TN
Vacancy
6.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,140
Cap Rate 7%
$287,957
Cap Rate 9%
$223,967
Alternative Uses
Best Use
Office B
$355.1K
$310.7K – $414.3K
NOI $24,855 @ 7.0% cap · market cap 11.05%
Second Best
Specialty Retail
$288.0K
$252.0K – $336.0K
NOI $20,157 @ 7.0% cap · market cap 8.96%
Theoretical Best
Office A
$478.4K
$418.6K – $558.1K
NOI $33,486 @ 7.0% cap · market cap 14.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
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Business Placement
Demographics for 37347, TN
8,280
Population
3,996
Households
2.1
Avg Household Size
44
Median Age
19%
College-Educated
87%
High-School Grad
48.9 sq mi
ZIP Area
169
Density / Sq Mi
$57,854
Median Household Income
$36,734
Median Earnings
$798
Median Rent
$141,600
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - 2166 SF commercial space in Jasper, Tennessee.
Where is this office unit located?
The property is located at 4354 Main St Jasper, TN.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: High‑traffic location across from the courthouse and county square; Move‑in ready with **2166 sq ft of open space, including a restroom and storage**; Versatile space suitable for various businesses: laundry mat, coffee house, storefront, warehouse, storage, gym, restaurant, or office
