Interstate Location in
1300 Shellmound Rd Jasper, TN 37347
For Sale
Contact for pricing
Excellent location near the river, suitable for various commercial uses.
Property Size14,000 SF
Price / SF$278.57
Days on Market1214
Property Features for 1300 Shellmound Rd
General Information
- Standard status
- Active
- Size
- 14,000 SF
- Property subtype
- Industrial, Mixed Use, Self Storage
Building Details
- Year Built
- 1990
Listing Agency:
Ficken Commercial Real Estate
Listed By:
Kenneth Ficken · License #TN 1747043
Source:
Crexi
Added: Mar 30, 2023
Changed: Jul 6
Last Checked: Jul 22 at 1:38PM
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 Ficken Commercial Real Estate
Investment Insights
Based on property information with market context.
This property, located in Jasper, Tennessee, offers a strategic interstate location. Situated just three miles from the river, the site encompasses 14,000 square feet. The property is suitable for various commercial real estate purposes, including self-storage facilities, industrial properties, and mixed-use developments.
Key Highlights
- Best interstate location in Tennessee
- Three miles from the river
- Built in 1990
Financial Insights For Mixed Use
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 | $268.8k | $19.20 |
| − Vacancy | −$21.5k | −$1.54 |
| EGI | $247.3k | $17.66 |
| − OpEx | −$92.7k | −$6.62 |
| NOI | $154.6k | $11.04 |
14,000 SF · lease $19.20/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$2.21M
$1.93M – $2.58M
NOI $154,560 @ 7.0% cap · market cap 3.96%
Second Best
Self Storage
$1.72M
$1.50M – $2.01M
NOI $120,305 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$3.09M
$2.71M – $3.61M
NOI $216,438 @ 7.0% cap · market cap 5.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Self storage facilities
FAQs
What type of property is this?
Self storage facility - Excellent location near the river, suitable for various commercial uses.
Where is this self storage facility located?
The property is located at 1300 Shellmound Rd Jasper, TN.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Best interstate location in Tennessee; Three miles from the river; Built in 1990
