Retail Space with Two Workshop
For Sale
Contact for pricing
6389 Highway 411 S, Greenback, TN 37742
Commercially zoned retail property with two RV hookups with power and adaptable buildings for flexible business use.
Property Size586 SF
Price / SF$467.58
Days on Market23
Property Features for 6389 Highway 411 S
General Information
Standard status
Active
Size
586 SF
Property subtype
RETAIL
Amenities
restroom
side garage door access
RV hookups
standard electrical outlet
refrigerator
stove
farm sink
instant hot water heater
mini-split heating and cooling system
Building Details
Buildings
3
Listing Agency:
Realty Executives Associates
(865) 660-5096
Listed By:
Mike Howell
(865) 660-5096
Source:
Moodyscre
Added: Jul 10
Changed: Jul 29
Last Checked: Aug 1 at 7:53AM
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 Realty Executives Associates
Investment Insights
Based on property information with market context.
This commercially zoned retail property is offered for sale as land and all improvements only, with the business and inventory not conveying. The site includes a main commercial building of approximately 360 square feet (30' x 12') with a restroom and side garage door access, along with an adaptable floor plan for uses such as boutique retail, professional office, creative studio, workshop, or service-based business.
In addition, there are two workshop/studio buildings. A white workshop/studio building of approximately 30' x 12' includes a refrigerator, stove, farm sink, and an instant hot water heater, and no HVAC is currently installed. A brown workshop/studio building of approximately 24' x 10' is equipped with a mini-split heating and cooling system.
The property also features two RV hookups with power plus an additional standard electrical outlet, providing additional flexibility for future operations. The address is 6389 Highway 411 S, Greenback, TN 37742.
In addition, there are two workshop/studio buildings. A white workshop/studio building of approximately 30' x 12' includes a refrigerator, stove, farm sink, and an instant hot water heater, and no HVAC is currently installed. A brown workshop/studio building of approximately 24' x 10' is equipped with a mini-split heating and cooling system.
The property also features two RV hookups with power plus an additional standard electrical outlet, providing additional flexibility for future operations. The address is 6389 Highway 411 S, Greenback, TN 37742.
Key Highlights
- Land and all improvements only; business and inventory do not convey
- Main commercial building approx. 360 SF (30' x 12') with restroom and side garage door access
- White workshop/studio approx. 30' x 12' with refrigerator, stove, farm sink, instant hot water heater (no HVAC)
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $12.7k | $21.60 |
| − Vacancy | −$633 | −$1.08 |
| EGI | $12.0k | $20.52 |
| − OpEx | −$3.6k | −$6.16 |
| NOI | $8.4k | $14.36 |
586 SF · lease $21.60/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$120.2K
$105.2K – $140.3K
NOI $8,417 @ 7.0% cap · market cap 3.07%
Second Best
Office B
$110.8K
$96.9K – $129.2K
NOI $7,753 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$145.1K
$127.0K – $169.3K
NOI $10,160 @ 7.0% cap · market cap 3.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
40
Businesses Nearby
Explore this area
Business Placement
Demographics for 37742, TN
6,160
Population
2,989
Households
2.1
Avg Household Size
47
Median Age
17%
College-Educated
92%
High-School Grad
49.4 sq mi
ZIP Area
125
Density / Sq Mi
$87,516
Median Household Income
$41,955
Median Earnings
$1,051
Median Rent
$270,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercially zoned retail property with two RV hookups with power and adaptable buildings for flexible business use.
Where is this retail space located?
The property is located at 6389 Highway 411 S Greenback, TN.
What is the asking price?
The asking price for this property is $274,000.
What are key features of this property?
This property features: Land and all improvements only; business and inventory do not convey; Main commercial building approx. 360 SF (30' x 12') with restroom and side garage door access; White workshop/studio approx. 30' x 12' with refrigerator, stove, farm sink, instant hot water heater (no HVAC)
