Building Details

Buildings 1

Building Size 3,200 SF

Listing Agency: Wallace Commercial Show Phone

Listed By: J W Deaver Show Phone

Source: Moodyscre

Added: Sep 3 Changed: Sep 11 Last Checked: Sep 12 at 3:56AM

Report an Issue

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 Wallace Commercial

Investment Insights

Based on property information with market context.

This office building includes approximately 3,200 square feet of commercial space on 1 acre. Its flexible layout supports a range of potential business applications, while the property’s substantial land area provides additional site utility.

The property occupies a corner at W Beaver Creek Drive and Clinton Highway in Powell, Tennessee, with convenient access from a highly visible intersection. The address is 7207 Ammons Ln, Powell, TN 37849. A planned new interchange is identified as a future area improvement that may affect traffic flow and access over time.

Key Highlights

• Approximately 3,200 square feet of commercial building space
• 1‑acre site with substantial land area
• Corner position at W Beaver Creek Drive and Clinton Highway

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).

NOI / Yr

$47,947

Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.

Cap Rate

7.38%

Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

Cap Rate 5%

$958,940 $958.9K

Cap Rate 7%

$684,957 $685.0K

Cap Rate 9%

$532,744 $532.7K

Market Conditions

NOI Build-Up for 3,200 SF 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.

Gross rent

$69.1K $21.60/SF

− Vacancy

−$5.2K −$1.62/SF

EGI

$63.9K $19.98/SF

− OpEx

−$16.0K −$4.99/SF

NOI

$47.9K $14.98/SF

Area

Knox County, TN

Vacancy

7.51%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

Cap Rate 5%

$958,940

Cap Rate 7%

$684,957

Cap Rate 9%

$532,744

Alternative Uses

Best Use

Office B

$685.0K

$599.3K – $799.1K (±1% cap)

NOI $47,947 @ 7.0% cap · market cap 7.38%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$829.5K

$725.8K – $967.8K (±1% cap)

NOI $58,065 @ 7.0% cap · market cap 8.93%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Foot Of The CROSS Baptist ... Church

Suggested Use

Top Pick Real Estate Agency Hair Salon Building Supply Accounting Firm Kitchen & Bath Showroom Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

162

Businesses Nearby

Explore this area Business Placement

Demographics for 37849, TN

27,742

Population

11,465

Households

2.4

Avg Household Size

41

Median Age

32%

College-Educated

94%

High-School Grad

39.7 sq mi

ZIP Area

699

Density / Sq Mi

$83,400

Median Household Income

$41,187

Median Earnings

$1,097

Median Rent

$263,600

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

NNN Veterinary Healthcare Property

205 Star Mountain Way, Powell, TN 37849

$1,630,198

View details

Former Restaurant Building

508 E Emory Rd, Powell, TN 37849

Contact for pricing

4,423 SF

View details

Frequently Asked Questions

What type of property is this?

Office building - Flexible commercial building with a corner position, usable layout, and potential for multiple business applications.

Where is this office building located?

The property is located at 7207 Ammons Ln Powell, TN.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: Approximately 3,200 square feet of commercial building space; 1‑acre site with substantial land area; Corner position at W Beaver Creek Drive and Clinton Highway