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    Downtown Retail/Office Building Title is generated by Realmo AI

    628 S Shady Street, Mountain City, TN 37683

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    For Sale
    $450,000

    COMMERCIAL - Mountain City, TN

    Property size:
    4,500 SF
    Lot size:
    0.30 Acres
    Price / SF:
    $100/SF
    Added:
    Jun 7, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 7 at 5:06 pm

    Property Features for 628 S Shady Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    APN
    048a D 014.01
    Size
    4,500 SF
    Lot size
    0.30 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2063

    Utilities

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

    Building Details

    Year built
    1996
    Building materials
    Metal Siding
    Roof type
    Metal

    We can help!

    Listing Contact
    Jessica Harkness
    Jessica Harkness

    Listing agent Jessica Harkness License #343951

    Listing office Foundation Realty Group 5205 Bobby Hicks Hwy Suite 10, TN

    Listing date Jun 7, 2026

    MLS# 9996501

    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

    • Expansive 7,000+ SF commercial building with more than 4,000 SF of finished space
    • Large storefront with display windows and substantial road frontage
    • Loading dock with garage door access, plus concrete floors for storage, inventory, or workspace
    • Unfinished upper level for additional office, apartment, suites, or extra storage
    • Built in 1996 with metal siding and a metal roof
    • Utilities include public water and public sewer; central HVAC with heat pump

    Overview

    This commercial building offers a mix of finished and unfinished space, including more than 4,000 square feet of finished area and an additional unfinished upper level. The storefront includes large display windows and benefits from road frontage. Interior features include concrete floors and space that can support retail, office, showroom, or service-oriented operations. A loading dock with garage door access supports receiving and delivery needs, and the overall layout provides room for inventory, warehousing, or workspace.

    The property is located on S Shady Street in Mountain City, TN, within the downtown area. It is positioned for visibility with a storefront presence along the main road. The listing also notes that a lot behind the building is available for an additional cost.

    With flexible finished space and an unfinished upper level, this property can fit a variety of tenant or owner-operator plans that require retail storefront exposure plus back-of-house functionality. The loading dock and concrete floors also make it suitable for uses that need straightforward access for goods and storage. Buyer and buyer’s agent should verify all information provided in the listing.
    Property Profile Location Intelligence

    Current Use by Public Records

    The CrystaLac Store Building Supply

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Miller's Flower Shop — 1223 S Shady St, Mountain City, TN 37683
    • House of Flowers, Inc. — 1947 S Shady St, Mountain City, TN 37683

    Location Insight

    • Map
    • Local Demand
    City
    Mountain City
    County
    Johnson
    State
    Tennessee
    Longitude
    -81.805211
    Latitude
    36.468362

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    FAQs

    What type of property is this?
    Storefront property - Versatile storefront and finished interior with loading access and an unfinished upper level for flexible business use.
    Where is this storefront property located?
    The property is located at 628 S Shady Street Mountain City, TN.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Expansive 7,000+ SF commercial building with more than 4,000 SF of finished space; Large storefront with display windows and substantial road frontage; Loading dock with garage door access, plus concrete floors for storage, inventory, or workspace
    (423) 291-9584
    We can help!
    Listing Contact
    Jessica Harkness
    Jessica Harkness
    Real Estate License ID: 343951
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    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
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