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Versatile Commercial Building on Highway
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865 US Highway 45 North, Henderson, TN 38340

Adaptable commercial building with highway access and tenant income.

Property Size4,968 SF
Price / SF$67.43
Days on Market673

Property Features for 865 US Highway 45 North

General Information

Standard status Active
Size 4,968 SF
Total Parking Spaces 8
Property subtype Office

Building Details

Year Built 1997
Stories 1
Listing Agency: Casey Realtors
Listed By: Linda Carter · License #278976
Source: Crexi
Added: Nov 8, 2024 Changed: Sep 8 Last Checked: Sep 12 at 5:59AM

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 Casey Realtors

Investment Insights

Based on property information with market context.

This commercial property features 4,968 square feet of heated space within a total of 5,570 square feet under roof. The interior layout is highly adaptable, as none of the interior walls are load-bearing, allowing for customized designs to suit various business needs. The property benefits from excellent highway access, making it suitable for a range of commercial ventures. Currently, the property is partially owner-occupied, with the owner maintaining an office in approximately half of the building. Units A and C are leased and generate a monthly income of $780.00. Unit B is occupied by Grantham Properties, while Unit D is currently vacant. The location is described as excellent for any type of business.

Key Highlights

  • 5,000 sq ft of HEATED space with flexible interior walls for customizable design.
  • Excellent highway access, ideal for business operations.
  • Income‑generating property with $780 monthly from Units A and C.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Dental Office HVAC Service Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

114
Businesses Nearby

Demographics for 38340, TN

12,802
Population
4,542
Households
2.8
Avg Household Size
36
Median Age
21%
College-Educated
85%
High-School Grad
173.8 sq mi
ZIP Area
74
Density / Sq Mi
$61,477
Median Household Income
$40,777
Median Earnings
$741
Median Rent
$142,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Office building - Adaptable commercial building with highway access and tenant income.
Where is this office building located?
The property is located at 865 US Highway 45 North Henderson, TN.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 5,000 sq ft of HEATED space with flexible interior walls for customizable design.; Excellent highway access, ideal for business operations.; Income‑generating property with $780 monthly from Units A and C.
(731) 608-0515 Call to check price and availability
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