Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    706 Rickman Rd Livingston, TN 38570

    View on Map
    Claim this Listing
    New
    For Sale
    $199,900

    SINGLE_FAMILY - Livingston, TN

    Type:Retail
    Property size:
    1,478 SF
    Lot size:
    0.51 Acres
    Price / SF:
    $135/SF
    Added:
    May 4, 2026
    Days on Market:
    3
    Last Refresh:
    May 6 at 10:06 am

    Property Features for 706 Rickman Rd

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    048.00
    Size
    1,478 SF
    Lot size
    0.51 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1960
    Floors in Building
    1
    Number of units
    2
    Building materials
    Block, Brick
    Roof type
    Metal

    We can help!

    Listing Contact
    Eleanor York

    Listing agent Eleanor York License #346556

    Listing office Exit Cross Roads Realty Cookeville 480 Neal St. Suite 103, Cookeville, TN

    Listing date May 4, 2026

    MLS# 244112

    Copyright © 2026 Upper Cumberland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office or Retail Space Available

    This property offers 1478 sqft of office or retail space. It features two or three potential units that would share a common bathroom. Situated on a 0.51-acre lot, the property benefits from high visibility, making it a premium spot for a new business venture. The property is located in Livingston, TN. It can be used for business purposes or rented for extra income, presenting great income potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Department Store Storage Facility HVAC Service Discount Store Electronics & Wireless Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Livingston
    County
    Overton
    State
    Tennessee
    Longitude
    -85.336176
    Latitude
    36.3552617

    Nearby Similar for Sale

    • $357,000
      3,570 SF

      Spacious Office Building in Livingston

      High-visibility, well-maintained office building in Livingston, Tennessee.
      225 E Main St, Livingston, TN 38570
      View Details
    • $574,900
      2,573 SF

      Downtown Livingston Income-Producing Commercial Property

      Turnkey investment property with established tenants in downtown Livingston.
      107 E Court Square, Livingston, TN 38570
      View Details
    • $595,000
      8,735 SF

      Livingston Office Building with Apartments

      Highly visible office building with apartments in Livingston, Tennessee.
      306 W Broad St, Livingston, TN 38570
      View Details
    • $575,000

      Livingston Commercial Property with Auto-Shop

      Commercial property ideal for mechanic or auto body shop.
      202 W 7th St, Livingston, TN 38570
      View Details
    • $649,900
      5,760 SF

      Mixed-Use Property in Livingston, TN

      Versatile commercial property with retail and residential income potential.
      305 S Church Street, Livingston, TN 38570
      View Details
    • $836,000
      3,556 SF

      Downtown Livingston Commercial Space

      Unique commercial space with living area in downtown Livingston.
      112 E Main Street, Livingston, TN 38570
      View Details
    • $90,000

      Metal Building in Livingston, TN

      Metal building with insulated walls and ceilings on 0.33 acres.
      E Henson Street lot: 2, Livingston, TN 38570
      View Details
    • Contact for pricing
      2,544 SF

      Livingston, TN Commercial Property

      2,544 sq ft commercial property with office, retail, warehouse space.
      1410 Bradford Hicks Dr, Livingston, TN 38570
      View Details
    • $100,000

      Livingston, TN Commercial Property

      Commercial property with road frontage on Main Street in Livingston.
      706 W Main Street, Livingston, TN 38570
      View Details
    • $189,000

      Livingston, TN Land For Sale

      1.38 acre lot suitable for gas station or retail.
      1.38 AC Cookeville Highway, Livingston, TN 38570
      View Details
    • $325,000

      Land Ready for Strip Mall

      2 acres ideal for a strip mall development.
      2 AC Cookeville Highway, Livingston, TN 38570
      View Details
    • $425,000

      Livingston Mobile Home Park Opportunity

      28-site mobile home park with expansion potential in Livingston, TN.
      1201 Hidden Valley Mobile Home Park, Livingston, TN 38570
      View Details

    FAQs

    What type of property is this?
    Retail space - 1478 sqft space with high visibility and income potential.
    Where is this retail space located?
    The property is located at 706 Rickman Rd Livingston, TN.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: High visibility location; Potential for two or three separate units; Income potential through rental or business use
    (931) 260-8186
    We can help!
    Listing Contact
    Eleanor York
    Real Estate License ID: 346556
    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
    706 Rickman Rd, Livingston, TN 38570
    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!