Mixed-Use Building with Residential
For Sale
$369,000
725 Church Street, Loudon, TN 37774
Two-story property combines flexible commercial space with two renovated residential units and a detached storage shed.
Property Size2,320 SF
Price / SF$159.05
Days on Market152
Property Features for 725 Church Street
General Information
Standard status
Active
Size
2,320 SF
Property subtype
Multi-Family
Taxes and HOA fees
Annual Taxes
$1,074
Amenities
storage shed
Window Unit(s)
Yes
Hardwood
True
Natural Gas, Space Heater, Electric
Range, Refrigerator, Self Cleaning Oven
Shed
Stucco, Block, Frame
Building Details
Year Built
1946
Buildings
2
Stories
2
Listing Agency:
Realty Executives Associates
(847) 385-8328
Listed By:
Andreea Toader
Source:
Compass
Added: Mar 31
Changed: Aug 29
Last Checked: Aug 29 at 2:30PM
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 two-story mixed-use property contains 2,320 square feet and was built in 1946. The first floor provides shop and storage space with a private bathroom, while the upper level contains two renovated one-bedroom, one-bath residential units. A detached 160-square-foot shed adds separate storage capacity for inventory, tools, equipment, or seasonal items.
The property is located at 725 Church Street in Loudon, Tennessee, minutes from Court Square, local shops, restaurants, and Monkey Town Brewing. Interior features include hardwood flooring, window units, natural gas, space heating, electric heat, and kitchen appliances including a range, refrigerator, and self-cleaning oven. Exterior construction includes stucco, block, and frame materials.
The property is located at 725 Church Street in Loudon, Tennessee, minutes from Court Square, local shops, restaurants, and Monkey Town Brewing. Interior features include hardwood flooring, window units, natural gas, space heating, electric heat, and kitchen appliances including a range, refrigerator, and self-cleaning oven. Exterior construction includes stucco, block, and frame materials.
Key Highlights
- 2,320‑square‑foot two‑story mixed‑use building at 725 Church Street
- Two renovated 1‑bedroom, 1‑bath residential units
- First‑floor shop and storage area with its own bathroom
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
$25,334
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
6.87%
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%
$506,680
$506.7K
Cap Rate 7%
$361,914
$361.9K
Cap Rate 9%
$281,489
$281.5K
Market Conditions
NOI Build-Up for 2,320 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
$44.5K $19.20/SF
− Vacancy
−$4.0K −$1.73/SF
EGI
$40.5K $17.47/SF
− OpEx
−$15.2K −$6.55/SF
NOI
$25.3K $10.92/SF
Area
Loudon County, TN
Vacancy
9.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
37.50%
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%
$506,680
Cap Rate 7%
$361,914
Cap Rate 9%
$281,489
Alternative Uses
Best Use
Mixed Use
$361.9K
$316.7K – $422.2K
NOI $25,334 @ 7.0% cap · market cap 6.87%
Second Best
Multifamily LT 5
$323.2K
$282.8K – $377.1K
NOI $22,626 @ 7.0% cap · market cap 6.13%
Theoretical Best
Office A
$574.6K
$502.8K – $670.4K
NOI $40,223 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
Explore this area
Business Placement
Demographics for 37774, TN
20,678
Population
10,020
Households
2.1
Avg Household Size
58
Median Age
31%
College-Educated
88%
High-School Grad
88.2 sq mi
ZIP Area
234
Density / Sq Mi
$83,724
Median Household Income
$40,779
Median Earnings
$929
Median Rent
$329,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story property combines flexible commercial space with two renovated residential units and a detached storage shed.
Where is this mixed-use property located?
The property is located at 725 Church Street Loudon, TN.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: 2,320‑square‑foot two‑story mixed‑use building at 725 Church Street; Two renovated 1‑bedroom, 1‑bath residential units; First‑floor shop and storage area with its own bathroom
