Mixed-Use Property with Live-Work
5017 MCDONALD RD, Mc Donald, TN 37353
For Sale
Contact for pricing
Multiple commercial buildings, workshop areas, and a private residence support flexible live-work operations on an AG-zoned property.
Property Size4,146 SF
Lot Size4.00 Acres
Price / SF$241.20
Days on Market97
Property Features for 5017 MCDONALD RD
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Investment Type
Additional Details
Business Included
Building Details
Year Built
Year Renovated
Buildings
Stories
Units
Tenancy
Listing Agency:
Keller Williams Realty
Listed By:
Jeffrey Dodson · License TN #336360
(423) 400-1984
Source:
Crexi
Added: Aug 7
Changed: Nov 5
Last Checked: Nov 10 at 8:41AM
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 Keller Williams Realty
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 mixed-use property combines several commercial improvements with a custom residence on nearly 4 level acres. The commercial component includes flex-use buildings with overhead doors, multiple bays, workshop areas, storage, and ample parking. The improvements can accommodate a range of owner-user operations, subject to zoning and buyer verification.
The property also includes an established seasonal Haunted Barn attraction, offering an existing entertainment use or a setting for an alternative concept. The residence creates a live-work configuration with large gathering areas, floor-to-ceiling windows oriented toward the grounds, an in-ground saltwater pool, stocked pond, composite decking, outdoor entertaining areas, and mature landscaping.
The property also includes an established seasonal Haunted Barn attraction, offering an existing entertainment use or a setting for an alternative concept. The residence creates a live-work configuration with large gathering areas, floor-to-ceiling windows oriented toward the grounds, an in-ground saltwater pool, stocked pond, composite decking, outdoor entertaining areas, and mature landscaping.
Key Highlights
- Nearly 4 level acres in an AG‑zoned mixed‑use property
- Multiple flex‑use buildings with overhead doors and bays
- Workshop areas, storage space, and ample parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,896
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$917,920
$917.9K
Cap Rate 7%
$655,657
$655.7K
Cap Rate 9%
$509,956
$510.0K
Market Conditions
NOI Build-Up for 4,146 SF
Gross rent
$74.6K $18.00/SF
− Vacancy
−$13.4K −$3.24/SF
EGI
$61.2K $14.76/SF
− OpEx
−$15.3K −$3.69/SF
NOI
$45.9K $11.07/SF
Area
Bradley County, TN
Vacancy
18.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$917,920
Cap Rate 7%
$655,657
Cap Rate 9%
$509,956
Alternative Uses
Best Use
Office B
$655.7K
$573.7K – $764.9K
NOI $45,896 @ 7.0% cap · market cap 4.59%
Second Best
Mixed Use
$599.7K
$524.7K – $699.6K
NOI $41,978 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$869.9K
$761.2K – $1.01M
NOI $60,896 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
Demographics for 37353, TN
5,168
Population
2,081
Households
2.5
Avg Household Size
44
Median Age
30%
College-Educated
90%
High-School Grad
40.5 sq mi
ZIP Area
128
Density / Sq Mi
$66,186
Median Household Income
$42,923
Median Earnings
$976
Median Rent
$221,000
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?
Mixed-use property - Multiple commercial buildings, workshop areas, and a private residence support flexible live-work operations on an AG-zoned property.
Where is this mixed-use property located?
The property is located at 5017 MCDONALD RD Mc Donald, TN.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Nearly 4 level acres in an AG‑zoned mixed‑use property; Multiple flex‑use buildings with overhead doors and bays; Workshop areas, storage space, and ample parking
